December 16, 2025/Cordros Report EQUITIES The domestic equities market closed today’s session on a bullish note, as gains in GUINNESS (+10.0%) and FIRSTHOLDCO (+4.2%) drove the All-Share Index higher by 1bp to 149,459.11 points. As a result, the Month-to-Date and Year-to-Date returns settled at +4.1% and +45.2%, respectively. The total volume […]
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Market Holds Steady as Liquidity Improves Significantly
December 16, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a neutral note amid mixed performance across stocks, with notable gains in FIRSTHOLDCO(+4.20%) and GUINNESS(+9.98%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) closed flat at 149,459.11 points. Year-to-date returns strengthened to close […]
Nigeria’s External Reserve Accretion Strategy: Current Position and a Path Ahead
December 16, 2025/Coronation Research Nigeria’s external reserves have historically exhibited cyclical movements, leaving the economy susceptible to both domestic and external shocks. Over time, the Central Bank of Nigeria (CBN) has implemented a range of reserve management and external sector stabilisation measures, including export-led interventions, mobilisation of foreign portfolio inflows, […]
