August 26, 2025/Cordros Research EQUITIES The Nigerian equities market extended yesterday’s bullish sentiment, buoyed by gains in GTCO (+2.0%), OANDO (+5.0%), BETAGLAS (+8.2%) and ZENITHBANK (+0.9%). Consequently, the All-Share Index advanced by 0.2% to 141,761.36 points with the Month-to-Date and Year-to-Date returns settling at +1.4% and +37.7%, respectively. The total […]
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Resilient Operations to Support FY 2025 Growth: CHI Limited Acquisition: a Positive Strategic Move
August 26, 2025/CSL Research UAC of Nigeria Plc recorded Revenue growth of 32.6% year-on-year (y/y) to ₦110.41 billion, up from ₦83.25 billion in H1 2024 in the first half of the year. The positive performance was mainly driven by volume growth and price adjustments across core operating segments: • Edibles […]
Authorities Optimistic on Boosting Crude Oil Production to 2.5mbpd by 2026
August 25, 2025/CSL Research The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced last week that the country is aiming to ramp up crude oil production to 2.5 million barrels per day (mbpd) by 2026. According to the regulator, this goal will be driven by a mix of strategies, including unlocking […]
