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Nigerian Bourse Sustain Bullish Run +0.3% on Blue Chips Gains

June 4, 2025/Cordros Report EQUITIES The Local bourse continued its bullish run, as gains in OANDO (+10.0%), GTCO (+2.2%) and FIRSTHOLDCO (+2.7%), drove the All-Share Index higher by 0.3% to 112,781.73 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +0.9% and +9.6%, respectively. The total volume traded declined by 1.8% […]

LPG Price Watch

June 4, 2025/CSL Research The National Bureau of Statistics (NBS) recently released the April 2025 price watch report for Liquefied Petroleum Gas (LPG), commonly known as cooking gas. The report shows that the average retail price for refilling a 5kg cylinder of cooking gas increased by 7.69% month-on-month (m/m), rising […]

Shift in Trade Talks Boosts Credit Performance of African Sovereigns

June 4, 2025/CSL Research Key Takeaways Global markets remain volatile amid uncertainty over US trade policy. Lingering global demand worries and OPEC+ output hike expected to weigh on Brent crude oil prices. African sovereign markets rallied in May on improved sentiment, but face renewed headwinds from US-China trade tensions. Local […]