Weekly Wealth Digest for April 20, 2026
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Oil settles down 9% after Iran declares Strait of Hormuz open
Oil prices settled down by around 9% on Friday after Iran said passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period and U.S. President Donald Trump said Iran has agreed to never close the strait again. Brent crude futures settled down $9.01, or 9.07%, to $90.38 a barrel, after falling to a session low of $86.09. U.S. West Texas Intermediate crude futures settled down $10.48, or 11.45%, at $83.85 a barrel, after touching a low of $80.56…..……REUTERS.COM
Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their third record close in a row on Friday, while the blue-chip Dow marked its highest finish since late February, as investors cheered Iran’s decision to open the Strait of Hormuz and were optimistic it could reach a deal with the United States to end their war. Iranian Foreign Minister Abbas Araqchi said in a post on X that passage for all commercial vessels through the Strait of Hormuz was completely open after a ceasefire agreement in Lebanon…………REUTERS.COM
Nigeria’s inflation climbs to 15.38% in March 2026
Nigeria’s headline inflation rate increased to 15.38% in March 2026, up from 15.06 per cent recorded in February. This is according to the latest data released by the National Bureau of Statistics. The figures indicate a renewed uptick in price pressures, with both month-on-month and annual indicators pointing to rising costs across the economy…………..NAIRAMETRICS.COM
Below is the summary of our recommendations for the week. For detailed review, kindly click the link to see our recommendations for 20042026.
| S/N | STOCKS | LAST CLOSE | 52 WEEK HIGH | 52 WEEK LOW | EPS | BVPS | P/E RATIO | INTRINSIC VALUE | UP/DOWN SIDE | RECOMMENDATION |
| 1 | ACCESSCORP | 29.90 | 29.90 | 19.90 | 8.00 | 74.64 | 3.74 | 38.08 | 27% | BUY |
| 2 | WAPCO | 243.00 | 250.00 | 71.00 | 16.96 | 43.08 | 14.33 | 306.25 | 26% | BUY |
| 3 | MTNN | 825.00 | 825.00 | 239.00 | 53.07 | 26.13 | 15.55 | 961.23 | 17% | HOLD |
| 4 | NB | 73.00 | 87.30 | 32.00 | 3.19 | 18.08 | 22.88 | 90.87 | 24% | BUY |
| 5 | FCMB | 12.05 | 14.50 | 8.40 | 3.96 | 19.25 | 3.04 | 16.20 | 34% | BUY |
| 6 | STANBIC | 188.55 | 188.55 | 59.05 | 23.68 | 70.68 | 7.96 | 210.90 | 12% | HOLD |
| 7 | TRANSCORP | 48.20 | 55.05 | 39.60 | 8.44 | 34.78 | 5.71 | 61.77 | 28% | BUY |
| 8 | UNILEVER | 103.30 | 103.40 | 38.45 | 5.35 | 18.45 | 19.31 | 120.46 | 17% | HOLD |
| 9 | DANGCEM | 823.00 | 829.50 | 425.00 | 59.86 | 155.28 | 13.75 | 1,105.98 | 34% | BUY |
| 10 | UBA | 48.00 | 51.00 | 31.35 | 13.56 | 102.74 | 3.54 | 62.37 | 30% | BUY |
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