June 19, 2025/Cordros Report EQUITIES Bullish sentiments persisted in the domestic stock market as gains in MTNN (+1.7%), STANBIC (+5.6%), and FIRSTHOLDCO (+5.7%) drove the All-Share Index higher by 0.9% to 117,861.13 points. Accordingly, the Month-to-Date and Year-to-Date returns settled higher at +5.5% and +14.5%, respectively. The total volume of […]
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FirstHoldCo Issues Update on CBN’s Forbearance Circular
June 19, 2025/NGX RE: CBN CIRCULAR ON FORBEARANCE ISSUED ON JUNE 13, 2025 In respect of the Central Bank of Nigeria’s (CBN) circular with reference BSD/DIR/CON/ LAB/018/008 concerning regulatory forbearance in respect of Single Obligor Limit (SOL) and other credit facilities, First HoldCo Plc (“FirstHoldCo” or “the Company”) wishes to […]
United Capital Asset Management West Africa Launches Two New Mutual Funds to Empower Investors in Francophone West Africa
June 19, 2025/United Capital Update United Capital Plc (NGX: UCAP, Bloomberg: UCAP: NL, Financial Times: UCAP: LAG) has officially commenced operations of its latest subsidiary United Capital Asset Management West Africa Limited (UCAMWAL) with the launch of two CFA franc-denominated mutual funds: the CAMWAL Bond Fund and the UCAMWAL Diversified […]
