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Market Snack Archive

Market Snack - August 31, 2026

Generated Aug 31, 06:00 WAT

Top movers

DEAP Capital Management & TrustDEAPCAP

₦3.80
+1.33%

Abbey BankABBEYBANK

₦8.50
0.00%

Abbey Building SocietyABBEYBDS

₦8.05
0.00%

Top stories

Earnings · The Punch

Access Holdings Board approves H1 2026 financials

Access Holdings’ board has approved the company’s first-half 2026 financial statements. The accounts are awaiting approval from the Central Bank of Nigeria before they can be released publicly, making the update relevant to investors tracking the company’s earnings and regulatory reporting process.

Macroeconomy · The Punch

Pension inflows surge 42% despite idle accounts

Nigeria’s pension contributions rose 42% in the first quarter of 2026 to N147.16 million, while 91.4% of pension accounts were reported dormant. The figures provide financial-sector context for NGX investors, although the item does not identify any listed company or direct equity-market transaction.

Macroeconomy · Leadership News

25 States Run Fiscal Deficits Despite N18trn Revenue Inflows – BudgIT

BudgIT reports that 25 Nigerian states recorded fiscal deficits in 2025 despite receiving higher revenues following the petrol subsidy removal and other reforms. The findings raise concerns about the sustainability of subnational finances and highlight broader fiscal pressures relevant to Nigeria's macroeconomic outlook.

Oil & Gas · Nairametrics

Dangote Refinery may cut petrol supplies to import-dependent marketers over quality

Dangote Petroleum Refinery may restrict petrol supplies to major marketers that continue importing Premium Motor Spirit into Nigeria. The potential measure follows concerns about product quality and market transparency, and could affect domestic fuel supply arrangements and competition among participants in the Nigerian oil and gas market.

Macroeconomy · THISDAY

Oyetola: After Generating N1.83tn, Marine Ministry to Revive National Shipping Line

The Marine Ministry says it generated N1.83 trillion and is advancing plans to revive Nigeria’s national shipping carrier. Minister Oyetola also cited an extensive seaports upgrade programme and four consecutive years without piracy in Nigerian territorial waters, developments with potential implications for port, logistics and infrastructure activity.

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