April 22, 2026/Cordros Report At today’s NTB primary market auction, the DMO offered NGN750.00 billion across tenors, with total demand reaching NGN2.36 trillion, translating to a bid-to-offer ratio of 3.2x. The DMO ultimately allotted NGN894.16 billion, implying a bid-to-cover ratio of 2.6x. Stop rates were unchanged at 15.95%, 16.19% and 16.20% for the 91-, […]

April 22, 2026/Cordros Report EQUITIES The bulls continued to dominate the domestic bourse as bargain-hunting activities in FIRSTHOLDCO (+8.5%), TRANSCOHOT (+10.0%), and UBA (+6.0%) spurred a 0.6% increase in the All-Share Index to close at 219,586.91 points. As a result,, the Month-to-Date and Year-to-Date returns settled higher at +8.4% and […]

April 22, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in FIRSTHOLDCO (+8.45%) and UBA (+5.98%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.61% to settle at 219,586.20 points Year to date returns […]