April 14, 2026/Cordros Report EQUITIES Bullish sentiments continued in the domestic bourse as gains in SEPLAT (+9.4%), STANBIC (+10.0%) and WAPCO (+5.1%) drove a 0.7% increase in the NGX ASI to 205,813.38 points. Consequently, the Month-to-Date and Year-to-Date returns advanced to +2.3% and +32.3%, respectively. The total volume of trades […]
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Weekly Investment View, April 13 – 17, 2026
April 13, 2026/United Capital Update Global Markets United States Recent data from the United States points to early signs of labour market softening, as initial jobless claims rose slightly to 219,000, indicating a modest increase in unemployment filings while overall labour market conditions remain relatively resilient. Meanwhile, minutes from the […]
World Bank Advice Risks Dragging Nigeria Back into Fuel Import Trap, Violates Petroleum Law — Energy Experts Warn
April 13, 2026/Dangote Group Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, […]
