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Nigerian Stocks Dragged to -0.1% Loss by Banking Counters

February 25, 2026/Cordros Report EQUITIES The domestic bourse closed today’s session on a negative note, as losses in banking tickers, including FIRSTHOLDCO (-8.4%), ZENITHBANK (-2.2%), and GTCO (-1.7%), drove the All-Share Index lower by 0.1% to 194,370.20 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.5% and +24.9%, respectively. […]

GenCos Reject Presidency’s ₦2.8 Trillion Debt Settlement Deal

February 25, 2026/CSL Update Recent media reports suggested that President Bola Tinubu approved ₦2.8 trillion as the Federal Government’s audited liability to settle legacy debts owed to Nigeria’s power generation companies (GenCos), significantly lower than the ₦6.0 trillion figure previously claimed by the operators. The reports cited unnamed Presidency and […]

Driving Growth Through Sustainability: FirstBank’s Commitment

February 23, 2026/FirstBank of Nigeria Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and […]