December 9, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a negative note following share price depreciation in ACCESSCORP(-0.71%) and ZENITH(-0.77%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.17%, closing at 147,169.88 points. Year-to-date returns weakened to close at 42.99%, […]
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Profit-Taking in OKOMUOIL, TRANSCORP Drives Nigerian Stocks to -0.3% Loss
December 9, 2025/Cordros Report EQUITIES Profit taking activities resumed in the local bourse as losses in TRANSCORP (-10.0%) and OKOMUOIL (-6.5%) drove the All-Share Index down by 0.3% to 146,940.29 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at +2.4% and +42.8%, respectively. The total volume of trades advanced […]
Afreximbank Says Africa Must Raise Factoring Volumes to at Least €240 Billion to Support SME Led Transformation
Africa’s factoring volumes have more than doubled in recent years, increasing from €21.6 billion in 2017 to €50 billion in 2024, and with nearly 200 factoring companies now operating across the continent December 9, 2025/Afreximbank Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing […]
