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Market Takes a Breather After Massive Rally

February 17, 2026/United Capital Update Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in  ZENITHBANK (-10.00%) and MTNN (-3.81%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.49% to settle at 189,321.24 points Year to date returns […]

CSL Macro Report – January 2026 Inflation: Inflation Slows to 15.1% I

November 17, 2026/CSL Update Headline inflation records marginal decline in January. Recently released data from the National Bureau of Statistics (NBS) showed that headline inflation eased further to 15.1% year-on-year (y/y) in January, down slightly from 15.2% y/y recorded in the previous month, extending the disinflation trend to a tenth […]

Dangote Signs $400 Million Equipment Deal to Fast Track Refinery Expansion

… to become number one construction company in the world  February 17, 2026/Dangote Group Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum […]