June 9, 2026/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s total foreign trade in goods moderated by 6.6% y/y to NGN34.79 trillion in Q1-26 (Q1-25: NGN37.24 trillion | Q4-25: NGN36.21 trillion). The trade balance widened to NGN7.55 trillion in Q1-26 (Q1-25: NGN3.95 trillion | Q4-25: NGN1.71 trillion), […]
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Ceasefire Caps Oil Rally as China Demand Weakens
June 9, 2026/Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you with the latest analysis of the […]
Nigerian Equities Gains +0.5%, Buoyed by Blue Chips
June 9, 2026/Cordros Report EQUITIES The local bourse closed today’s trading session on a positive note as gains in AIRTELAFRI (+10.0%), FIRSTHOLDCO (+8.5%), TRANSCORP (+2.2%) and GTCO (+0.7%) drove the All-Share Index higher by 0.5% to 244,700.80 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -2.3% and +57.3%, respectively. […]
