July 22, 2025/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s bullish sentiments following gains in BUACEMENT (+4.0%), WAPCO (+8.6%) and DANGSUGAR (+10.0%). Consequently, the All-Share Index advanced by 0.5% to 132,451.73 points with the Month-to-Date and Year-to-Date returns settling at +10.4% and +28.7%, respectively. The total volume of trades […]
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Post MPC July 2025: MPC Holds the Policy Rate Steady at 27.50%
July 22,2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at 27.5% for the third consecutive period. The MPC’s decision to maintain its policy stance was underpinned by the need to consolidate the disinflationary process and sufficiently contain […]
First Quarter 2025 GDP: Nigeria Charts a Path to Stronger Growth
July 22, 2025/United Capital Report Rebased Q1-2025 GDP Shows Firmer Growth and Service-Led Expansion Nigeria’s economic story took a significant turn as the National Bureau of Statistics (NBS) released the rebased Gross Domestic Product (GDP) figures, updating the base year from 2010 to 2019. This rebasing exercise, conducted to reflect […]
