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: Enhancing Financial Stability for Resilience During Uncertain Times

(Credit: Angela Weiss/Getty images) By Tobias Adrian Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions that intermediate them are therefore macro-critical, especially when market volatility and economic uncertainty are high, as they […]

Coronation Fixed Income and Exchange Rate Update

April 22, 2025/Coronation Research Summary Last week, system liquidity closed in the negative at N103.01bn (17th April, ’25) from N303.04bn in the previous week, declining by 133.99% w/w. The Open Repo Rate (OPR) and Overnight Rates (O/N) edged higher by 502bps to close at 31.60%, and 509bps to close at […]

NGX-ASI Closed Bullish…Up by 49bps

April 22, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in NB (+9.94%) and ZENITHBA (+2.27%). As a result, the benchmark All-Share Index (NGX-ASI) improved by 0.49% to close at 104,744.98 points. YTD returns settled at 1.77%, while market capitalization closed […]