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Bulls Tighten Grip as Market Activity Surges

June 9, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in GTCO (+0.74%) and ZENITHBANK (+0.39%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.53% to settle at 244,697.62 points Year to date returns […]

NGXASI Advance +0.53% on Gains in Bellwether Counters

The NGXASI advanced by 0.53% to close at 244,700.80pts, as the gains recorded in AIRTELAFRI (+10.00%), FIRSTHOLDCO (+8.49%) and TRANSCORP (+2.18%) drove the local equities market into the positive zone.   In the fixed income space, the Treasury Bills secondary market traded on a positive note as a result of the […]

Africa’s Largest Bank Backs Dangote Refinery IPO

June 9, 2026/Dangote Group Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment came during a […]