Other News

NTB Primary Market Auction Expectations for 6 May 2026

May 5, 2026/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, offering NGN700.00 billion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN50.00 billion for the 182-Day tenor, and NGN550.00 billion for the 364-Day tenor.  Please see our expectations below

Bears Resurface as Blue Chips Drag Nigerian Equities to -0.5% Loss

May 5, 2026/Cordros Report EQUITIES Bearish sentiments resurfaced in the domestic bourse as losses in MTNN (-8.7%), WAPCO (-2.2%), GUINNESS (-10.0%), FIRSTHOLDCO (-3.8%) and STANBIC (-2.2%) led to a 0.5% decline in the All-Share Index to 241,849.25 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -0.2% and +55.4%, respectively. […]

Facilitating Access to Trump Accounts

May 5, 2026/US SEC Paul S. Atkins, Chairman Today, the Division of Trading and Markets granted no-action relief to facilitate the rollout of Trump Accounts while ensuring critical investor protections remain in place.[1] Trump Accounts present a historic opportunity to change the course of the lives of the next generation by […]