Nigerian market news and social signals.
Market Snack archive10871 stories
The Lagos Rice Mill at Imota has created more than 2,000 jobs, supported about 500 farmers and assisted over 1,500 others. The facility has a stated production capacity of 2.5 million bags.
The Federal High Court in Lagos ruled in favour of United Bank for Africa Plc (UBA) in a N156.03 billion debt dispute with Stallion Group.
President Bola Tinubu applauded the World Bank’s reported $5.79 billion in private financing for Nigeria, according to a post on his X handle. The report identifies the financing total but provides no further details about its allocation or intended projects.
CardinalStone Securities was named Africa’s Best Broker and Nigeria’s Best Broker at the Euromoney Markets Awards 2026. The firm also received the Africa’s Best Broker title in 2025, according to the report.
@Rxbremen FG has to force that man to take that company public. He cannot be enjoying Nigerian flag carrier privileges and then not be publicly listed on the NGX.
NGX Trading Summary: Kindly see attached the top 10 gainers, losers, volume and value traded. https://t.co/x8xQrLjJQ9
@miriamogb Dear @miriamogb, thank you for bringing this to our attention. Please do not share any sensitive account details such as your PIN, password, OTP, card details, or BVN with anyone. FCMB will never request this information from you. ~RO
Zenith Bank has met Kenya's government about its expansion after acquiring Paramount Bank Kenya, giving the Nigerian lender an East African base.https://t.co/Uwf293YGAR#ZenithBank #Kenya #Banking https://t.co/jpQKEN0Wim
@egi_nupe All UBA staff should resign ASAP.
N156bn debt: Court hands UBA major victory against Stallion Group, Vaswani Brothers https://t.co/ITUGxqcIkw
Court Hands UBA Major Victory In Landmark ₦156bn Debt Recovery Judgement Against Vaswani Brothers, Stallion Group https://t.co/Vo9IQwRIUI https://t.co/rquEmWNqii
Market Update | Week Close Auxano Finance Tribe | Equity DeskThe bulls tried to assert dominance as trading for the week closed today.The ASI's week to date performance dipped exactly as we predicted, though the strength of the bulls in 2026 has been captivating, and https://t.co/WQdJT8bR1F
At the Inspire Africa Conference, Olu Delano, Executive Director, Personal and Private Banking at Stanbic IBTC, joined a panel discussion exploring the challenges of organisational growth and what it takes to scale sustainably. Key insights centred on staying close to customers, https://t.co/G1zxTmaTU4
Haven’t got Enough time to look into my Binance portfolio… I need stack enough dollars in that app ….planning on emptying my uba Domiciliary … that bank ain’t paying enough money … only debit upon debit .
At the Inspire Africa Conference, Olu Delano, Executive Director, Personal and Private Banking at Stanbic IBTC, joined a panel discussion exploring the challenges of organisational growth and what it takes to scale sustainably. Key insights centred on staying close to customers, https://t.co/zUc05IjQrU
🇳🇬 Stock Summary • 16 Oct 26📈 Gainers:
THOMASWY: +10%
ETRANZACT: +9.84%
AUSTINLAZ: +9.77%
OMATEK: +9.59%📉 Losers:
UPDCREIT: -10%
TRANSEXPR: -9.09%
CMFC: -8.06%
ROYALEX: -6.48%v1.0.4#NGX #Economy
The Nigerian Exchange (NGX) closed lower on Friday, October 16, 2026, as the All-Share Index (ASI) declined by 0.07% to 247,539.73 points, while market capitalisation fell by ₦108.70 billion to ₦160.73 trillion.
📊 NGX Market Snapshot — 16 October 2026📈 NGX All-Share Index (ASI): 247,539.73
🔄 Deals: 32,032
📦 Volume: 257.73 million shares
💰 Trading Value: ₦13.07 billion🏢 Equity Market Cap: ₦160.73 trillion
📜 Bond Market Cap: ₦60.23 trillion
📊 ETF Market Cap: ₦50.85 billion
@AngelaNewton_ That's 18m annually,at 5% dividend yield you need 360m portfolio if we're talking about NGx
📊 NGX Top 10 Most Traded Stocks by Volume — 16 October 2026Which stocks recorded the highest trading volumes on the Nigerian Exchange (NGX) today? 👀1️⃣ UBA — 28.29m | ₦43 🏦
2️⃣ ZENITHBANK — 16.54m | ₦126 🏦
3️⃣ LIVESTOCK — 16.42m | ₦19 🐓
4️⃣ GTCO — 14.49m shares | ₦124.80
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