June 2, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price depreciation in MTNN(+3.18%) and FIRSTHOLDCO(+2.00%). As a result, the benchmark All-Share Index (NGX-ASI) climbed by 0.26% to close at 112,029.35 points. YTD returns improved to 8.84%, while market capitalization closed at N70.64tn. […]
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AfDB, Togo Sign Partial Credit Guarantee Agreement to Support Mobilization of EUR 200 Million Sustainable Loan
Togo Minister of Economy Essowè Georges Barcola, and VP Solomon Quaynor of the African Development Bank Group signed a credit guarantee agreement in Abidjan. Image Credit: AfDB Funds mobilized under the partial credit guarantee will be allocated to green and social projects including climate adaptation, biodiversity preservation, sustainable agriculture, access […]
Nigerian Equities Start Week Bullish +0.3% on Bellwether Gains
June 2, 2025/Cordros Report EQUITIES The Nigerian equities market commenced the week on a bullish note as gains in MTNN (+3.2%), FIRSTHOLDCO (+2.0%), and OANDO (+2.7%) drove a 0.3% increase in the NGX ASI to 112,015.95 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +0.3% and +8.8%, respectively. The […]
