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NGX-ASI Closed Bullish…Up by 27Bps

May 13, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in TRANSCOR (+9.99%) and OANDO (+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.27% to close at 108,763.34 points. YTD returns settled at 5.67%, while market capitalization closed […]

NGXASI Gains -0.46%, Buoyed by TRANSCORP, OANDO

May 13, 2025/InvestmentOne Report The NGXASI advanced by 0.46% today to close at 108,763.34pts, as the gains printed in TRANSCORP (+9.99%), OANDO (+10.00%) and NB (+9.47%) pushed the local equities market into the green.   In the fixed income space, the Treasury Bills secondary market exhibited a mild positive performance due to […]

Lawmakers Pass Tax Reform Bills; Authorities Mull Sustainable Bond Issuance

May 12, 2025/CSL Research The Nigerian Senate has approved the four tax reform bills proposed by President Bola Tinubu, marking a significant milestone in the administration’s broader economic reform agenda. We note that the passage of these bills signals a strong legislative commitment to enhancing Nigeria’s revenue mobilisation capacity by […]