March 12, 2026/Cordros Report We update our view on MTNN following the release of its 2025FY results, which reflected a stronger operating performance, supported by ARPU growth (+45.4% y/y), subscriber net additions of 6.40 million, EBITDA margin expansion (+13.63ppts y/y), and a swing from FX losses to FX gains. For 2026E, […]
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Fixed Income Review: Yield Compression Persists Amid Geopolitical Flux
March 12, 2026/Cordros Report In February, US Treasury yields experienced a broad-based rally as a bull-flattening dynamic took hold. During the month, the average yield across the US curve declined by 13bps m/m to 3.77%. This move was led by the long end of the curve, where yields fell by […]
Intraday Update: Nigerian Stocks Gain +0.43%, Driven by Blue Chips
March 12, 2026/InvestmentOne Update ASI as at 12.00pm: +0.43% Top Gainers and Losers: BUACEMENT (+5.23%), TRANSCOHOT (+7.01%), STANBIC (-4.44%) and OANDO (-3.39%). Sector Performances: Industrial (+1.94%), Oil and Gas (+0.22%), Banking (-0.51%) and Consumer Goods (+0.08%). Market activity: In today’s trade, total volume and value increased by 2% and 219% respectively, when compared to this time yesterday, as investors have traded about 255 million units of […]
