February 16, 2026/Cordros Report EQUITIES The domestic equities market extended its bullish run, closing higher for the 11th consecutive session as risk-on sentiment remained dominant. Precisely, gains in MTNN (+10.0%), DANGCEM (+10.0%), BUACEMENT (+5.7%), ARADEL (+10.0%), GTCO (+7.1%), ZENITH (+10.0%) and WAPCO (+5.0%) lifted the All-Share Index by 4.4% to […]
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Dangote Signs $400 Million Equipment Deal to Fast Track Refinery Expansion
February 16, 2026/Dangote Group … to become number one construction company in the world Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote […]
CBN Expands FX Access for BDCs to Boost Retail Market Liquidity
February 13, 2026/CSL Report The Central Bank of Nigeria (CBN) has issued a circular to authorised dealer banks and the public approving licensed Bureau De Change (BDC) operators to purchase up to US$150,000 per week from the Nigerian Foreign Exchange Market (NFEM). The move is aimed at improving liquidity in […]
