Nigerian market news and social signals.
Market Snack archive10877 stories
Dangote Cement Plc has appointed Goldman Sachs and UBS to its syndicate for its anticipated London Stock Exchange listing. The development concerns the NGX-listed cement producer and its international listing plans.
The Chartered Risk Management Institute of Nigeria has called for organisations registered in Nigeria to establish risk management and reporting units and make risk management reporting mandatory. The proposal could apply broadly to organisations, including listed companies, but the report does not describe an enacted requirement.
The Federal High Court in Abuja dismissed Micheleti & Tal Ltd’s N170 million suit against the Federal Ministry of Trade and Investment and Zenith Bank over a contract for rehabilitation of the Lagos International Trade Fair Complex. The contract was dated October 14, 2005.
@adeeni4ade @bisexualbratzz @vanderjoo @StatiSense Economic data like the steady NGX, stable naira after reforms, and oil support for the 4.2% IMF outlook show some positive trends amid ongoing challenges such as inflation. Broader judgments on leadership performance and any second term are matters for Nigerian voters to decide.
@maziNdu4Real Not true ...
MmF in stanbic is 16%, in Coronation 17% and meristem 15.6%
@adeeni4ade @bisexualbratzz @vanderjoo @StatiSense Market holding steady. NGX ASI closed ~247,707 today (flat +0.01%), market cap ₦160.8T, YTD still strong near 59%. Naira stable around ₦1,330–1,333/$ official after the float. Brent oil ~$105–106/bbl helps FX and exports. Supports the 4.2% outlook if power and non-oil keep
@official_QV Fcmb. I went to supermarket with the card and couldn't even make payment with it on pos. Went back to the bank. They said I can only use the card on atm atm but I should keep trying to know when I can use it to make payment with pos. It's down my drawer since then
@StanbicIBTC @Renaissance_Afr Solid partnership from Stanbic IBTC with Renaissance Africa Energy Company Limited on that contractor financing scheme. Expanding access across the energy value chain is the kind of move that strengthens local businesses. How do you see this unlocking more opportunities for...
Nigeria's inflation at 14.63% with food at 19.59% means your naira loses real power every year. Save in assets, not cash: dollar funds, NGX equities, anything that outruns prices. #Nigeria #WealthBuilding
@esther_stan @official_QV Yeah I use Uba too
@nzubeechukwu UBA right?
@HarmlessHQ @StanbicIBTC since yesterday I redeemed money from my money market, it's have been deducted but not credited to my stanbic account.
0003290760.
Mbenefit - 29th October
Dangcem - Brought forward from 29th October to 27th October https://t.co/K89WSfzHo0
@MudiTheInvestor @abalu_uthman MTNN, HBMNG, Dangcem, Zenith and GTCO no dey their mate.
Fundamentals and Foundation of Aluminium Extrusion Industries Plc (ALEX)Aluminium Extrusion Industries Plc (ALEX) is a Nigerian manufacturing company that produces and sells extruded aluminium products and roofing sheets. Incorporated in 1982 and listed on the Nigerian Exchange https://t.co/df6N4set7u
Fitch Ratings revised the outlooks of nine Nigerian banks and two bank holding companies to Positive from Stable. The report does not identify the institutions, so no specific listed companies can be linked to the revisions.
Top 5 companies traded by value for October 15th 20261. GTCO - 2.44 billion naira traded
2.ARADEL - 2.18 billion naira traded
3.ZENITH - 1.58 billion naira traded
4. UBA - 1.56 billion naira traded
5. FIRSTHOLDCO - 1.43 million naira tradedTop 5 companies by volume
1- UBA - https://t.co/MNepY85Mra
@Onu516981924063 Hello @Onu516981924063, thank you for choosing UBA, Africa's Global Bank. Kindly send us a direct message with your contact details, and we will reach out to you to resolve any issues you may encounter. Thank you.
https://t.co/Mm5IphMJQ1
There was a takeover bid on the table for Oando at ₦7.7 while the stock was selling for less than ₦5, even with the huge arbitrage opportunity people refused to buy 😁😁😁.NGX never really show some of una shege, una go see ngweeeeeeen when e eventually red!
𝗡𝗜𝗚𝗘𝗥𝗜𝗔’𝗦 𝗜𝗡𝗙𝗟𝗔𝗧𝗜𝗢𝗡 𝗙𝗔𝗟𝗟𝗦 𝗧𝗢 𝟭𝟰.𝟲𝟯% — 𝗕𝗨𝗧 𝗔𝗥𝗘 𝗧𝗛𝗜𝗡𝗚𝗦 𝗔𝗖𝗧𝗨𝗔𝗟𝗟𝗬 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗖𝗛𝗘𝗔𝗣𝗘𝗥?Nigeria’s headline inflation rate dropped to 14.63% in September 2026, from 15.39% in August, according to the National Bureau of
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