November 21, 2025/Cordros Report We have updated our assumptions for UBA, reducing our year-end TP to NGN49.15/s (previous: NGN58.28/s) and maintaining our “BUY” rating on the stock. The decline in our TP stemmed from (1) the reduction in our 2025E gross DPS to NGN3.75/s (previous: NGN5.10/s), and the lowering of […]
More News
Oil Drops Again as Washington and Kyiv Explore Peace Path
November 21, 2025/Oilprice.com Tom Kool Editor, Oilprice.com News of Zelenskyy considering the peace proposal comes on the same day that new U.S. sanctions on Rosneft and Lukoil officially take effect, targeting key subsidiaries in an effort to restrict Kremlin revenue from fossil-fuel sales. Friday, November 21, 2025 Donald Trump’s 28-point […]
Mixed Session Ends Lower Despite Surge in Value and Volume
November 21, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in OANDO (-1.23%) and ZENITHBANK(-0.17%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.32%, closing at 143,722.62 points. Year-to-date returns weakened to close at 39.64%, […]
