The Market Pulse

💰 NGX Top 10 Most Traded Stocks by Value — 16 October 2026 📊

Where is the big money flowing on the Nigerian Exchange (NGX)? 👀

1️⃣ ZENITHBANK — ₦2.09bn | ₦126.00 🏦
2️⃣ GTCO — ₦1.82bn | ₦124.80 🏦
3️⃣ ARADEL — ₦1.28bn | ₦1,500.00 🛢️
4️⃣ UBA — ₦1.22bn | ₦43.00 🏦
5️⃣ MTNN —

📉 NGX Weekly Top 10 Losers — 16 October 2026

Here are the worst-performing stocks on the Nigerian Exchange (NGX) this week.

1️⃣ UPDCREIT — -11.88% | ₦21.15 🏢
2️⃣ ENAMELWA — -9.95% | ₦36.65 🏭
3️⃣ NASCON — -9.48% | ₦171.00 🧂
4️⃣ TRANSEXPR — -9.09% | ₦2.70 🚛
5️⃣ LIVINGTRUST —

NGX Market Movers: Friday, 16 October 2026
Top 5 gainers and top 5 losers

TOP GAINERS (start → close)
THOMASWY: ₦2.20 → ₦2.42 (+10.00%)
ETRANZACT: ₦15.75 → ₦17.30 (+9.84%)
AUSTINLAZ: ₦2.66 → ₦2.92 (+9.77%)
OMATEK: ₦1.46 → ₦1.60 (+9.59%)
MULTITREX: ₦0.55 → ₦0.60 https://t.co/3ScUct5PIO

Nigeria’s LPG marketers seek tighter safety rules, digital controls

Nigeria’s liquefied petroleum gas marketers are urging operators to prioritise safety, regulatory compliance and digital tools. The issue concerns operating standards in the domestic LPG sector, though no specific NGX-listed company or stock is identified.

📉 NGX Top 10 Losers Today — 16 October 2026

Here are today’s biggest decliners.

1️⃣ UPDCREIT — ₦21.15 (−10.00%) 🏢
2️⃣ TRANSEXPR — ₦2.70 (−9.09%) 🚚
3️⃣ CMFC — ₦3.31 (−8.06%) ⛏️
4️⃣ ROYALEX — ₦1.01 (−6.48%) 🏦
5️⃣ NPFMCRFBK — ₦4.35 (−5.43%) 🏦
6️⃣ ZICHIS — ₦17.10

@stockbubblesNG Dangote IPO is a big distraction in the pond
Bulls will be back shortly on ngx

I bought more GTCO shares today at N124.90

I keep buying at every dip. https://t.co/gVARN27jI2 https://t.co/n43uH4lK7r

@AngelaNewton_ Trimming down from 320 to 3 ETFs + 4 individual stocks is elite portfolio management! 👏

Let me guess the 4 NGX dividend monsters:

1. GTCO 🏦

2. Zenith Bank 💰

3. Seplat 🛢️

4. MTNN 📡

Safe, liquid, and steady dividend machines. Am I close? 🤔

🇳🇬 Nigerian crypto exchange Roqqu plans to tokenise stocks listed on the Nigerian Exchange for global investors. Major questions remain around shareholder rights, regulatory approval, and the legal link between tokens and actual share ownership.
https://t.co/1y3tsT3mrN

ARADEL has a substantial stake of 25 percent in conhal creating a significant financial back bone for conhal .

Conhall is reported to have a significant investment in equities from their h1 number but those equity were not listed .
Probably those blue chip including aradel ,gtco https://t.co/mlQkkoVdp9

@the_goodfemi Seplat single-handedly carrying the entire portfolio like a true hero 😭💪

That’s textbook diversification right there—when five positions are stressing you out, one heavy hitter pays for the peace of mind (and the therapy)! 📈

@chukwudi_ibe From available data, arade hold a substantial stake of 25 percent in conhal creating a significant financial back bone for conhal .

Conhall is reported to have a significant investment in equities from their h1 number but those equity were not listed .
Probably those blue chip

NGX Group, partners boost cross-border investment through Dangote refinery offer

NGX Group and its partners are engaging with capital-market participants in Egypt and Ethiopia to strengthen cross-border investment collaboration related to the Dangote Petroleum Refinery and Petrochemicals FZE offer.

So nobody is talking about UBA earnings that was released today 🤔..
#StockMarketUpdate
#ngx https://t.co/OiPUhekFNP

Name one NGX stock you can explain it’s business model, earnings, debt and cash flow.

Who really benefits from Nigeria’s Russian energy partnerships?

OPEC data showed Nigeria produced 1.67 million barrels of crude oil per day in August, its highest monthly level of the year. Output remained below the government’s 2030 target of 3 million barrels per day.

UBA wins judgment against Stallion Group, Vaswani brothers over alleged N156 billion debt

United Bank for Africa (UBA) Plc says the Federal High Court in Lagos issued a favourable judgment in its long-running dispute with Stallion Group and the Vaswani brothers over an alleged N156 billion debt.

UBA claims court victory in N156 billion debt dispute with Stallion Group, Vaswani brothers

UBA Plc says it secured a favourable judgment at the Federal High Court in Lagos in its long-running dispute with Stallion Group and the Vaswani brothers over an alleged N156 billion debt.

I’ve looked at all the requirements for NNPC to be listed on the NGX, and all I see are uphill tasks.

President Tinubu has to be ruthless. NNPC must also be ready to absorb the shock that comes with transparency.

My major concern is whether the government is prepared to https://t.co/avdiOLplIJ

NGX PORTFOLIO UPDATE • 16 Oct 📉

Primary: Dangote Refinery IPO ₦525 - 30 units - 11 days left ⏳

My Holdings today:
GTCO ₦124.90 -2.19% 🔴 -₦280
ZENITH ₦126.00 -1.33% 🔴 -₦198
STANBIC ₦160.00 -2.14% 🔴 -₦133

Red day

#NGX #Witstel #GTCO #ZenithBank #Stanbic #DangoteIPO https://t.co/mkThdmbVZi