June 4, 2026/Cordros Report EQUITIES Bearish sentiments persisted in the local bourse as losses in TRANSCORP (-4.1%) and STANBIC (-3.1%) caused a 0.4% decline in the All-Share Index to 242,239.89 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at -3.3% and +55.7%, respectively. The total volume traded declined by 43.4% […]
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Market Pullback Continues as Investors Reposition
Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ARADEL (-9.51%) and ETERNA (-9.85%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) declined by 0.37% to settle at 242,227.31 points Year to date returns fell to settle at 55.66% […]
Dangote Refinery Lifts Output to 700,000bpd with Bigger Plans Ahead
June 4, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expansion and further cementing its position as World’s Largest Single Train […]
