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Nigerian Equities Open Week Bullish +0.4% on Blue Chips Gains

June 23, 2025/Cordros Report EQUITIES The domestic equities market commenced the week on a bullish note, as gains in PRESCO (+10.0%), TRANSCORP (+2.1%), FIRSTHOLDCO (+3.9 %) and ZENITHBANK (+1.9%) drove the All-Share Index higher by 0.4% to 118,579.65 points. Accordingly, the Month-to-Date and Year-to-Date returns settled higher at +6.1% and […]

Domestic Gas Sale Drops 10.61% Month-on-Month

June 20, 2025/CSL Research The May 2025 Gas Production Status Report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) indicated that Nigeria’s total gas production for the month was 240,165.67 million standard cubic feet (MMscf), up 19.17% year-on-year (y/y) from 201,492.48 MMscf recorded in May 2024. Associated Gas (AG)—natural gas […]

NGX-ASI Closed Bullish…Up by 24bps

June 20, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in GTCO(+6.52%) and PRESCO(+6.28%). As a result, the benchmark All-Share Index (NGX-ASI) climbed  by 0.24% to close at 118,138.22points. YTD returns gained to 14.78%, while market capitalization closed at N74.53tn. Activity […]