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 […]
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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, […]
Mobile Subscriptions Record Y/Y Growth
December 16, 2025/CSL Research According to the latest data from the Nigerian Communications Commission (NCC), active mobile subscriptions increased by 17.48 million year-on-year (+11.09%) to 175.08 million in October 2025, up from 157.60 million in October 2024. On a month-on-month basis, total subscriptions rose by 1.54 million (+0.89%), from 173.54 […]
