January 22, 2026/Cordros Report EQUITIES Bearish sentiment resurfaced in the domestic equities market, as losses in WAPCO (-5.1%), ZENITHBANK (-3.4%), and TRANSCORP (-3.0%) drove the All-Share Index down 0.5% to 165,397.37 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +6.3%. The total volume of trades declined by […]
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Equity Market Takes a Breather as Activity Moderates
January 22, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a negative note following share price depreciation in ACCESSCORP (-3.92%) and WAPCO (-5.06%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.52% to settle at 165,397.37 points. Year-to-date returns settled at […]
How Inside Jobs and Policy Shocks Trigger Nigeria’s Rising Loan Crisis
January 22, 2026 By Blaise Udunze The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet unsettling problem that stems from rising loan defaults amid expanding credit. Data from the Central Bank of Nigeria’s (CBN’s) latest macroeconomic outlook of […]
