February 2, 2026/Cordros Report EQUITIES The Nigerian equities market opened the week on a positive note, as gains in ARADEL (+5.1%) and STANBIC (+9.3%) more than offset declines in FIRSTHOLDCO (-8.8%) and ETI (-8.3%), driving the All-Share Index higher by 1bp to 165,384.63 points. Consequently, the Month-to-Date and Year-to-Date returns […]
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NGX Posts Marginal Gain on Improved Trading Activity
February 2, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a slightly positive note due to share price appreciation in ARADEL (+5.10%) and TRANSCORP(+0.87%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.01% to settle at 165,384.63 points. Year-to-date returns settled […]
Recapitalisation: Silent Layoffs, Infrastructure Deficit Threat to $1Trn Economy
February 2, 2026 By Blaise Udunze The Central Bank of Nigeria’s recapitalisation exercise, which is scheduled for a March 31, 2026, deadline, has continued to reignite optimism across financial markets and is designed to build stronger, more resilient banks capable of financing a $1 trillion economy. With the ongoing exercise, […]
