The Market Pulse

Aiyedatiwa signs Ondo Electricity Sector Amendment Law

Ondo State Governor Lucky Aiyedatiwa has signed an amendment to the state’s Electric Power Sector Law. The legislation strengthens the framework for electricity generation, transmission and distribution and provides for the establishment of a state electricity regulator and market operator.

NAICOM clears final 7 insurers as recapitalisation exercise ends

NAICOM has confirmed seven additional insurance companies after completing its recapitalisation exercise, while Staco, Universal Insurance and others were not included in the cleared list. The regulatory outcome is relevant to Nigerian Exchange-listed insurance companies and the financial services sector.

Customs rejects smuggling, revenue leakage claims, defends digital reforms

The Nigeria Customs Service has rejected allegations of rising smuggling, revenue leakages, recruitment irregularities and succession manipulation, while defending its digital reforms. The accompanying context references a proposed tax-stamp plan involving brewers, linking the regulatory discussion to excise compliance and the listed consumer-goods sector.

@ZenithBank @ZenithBank I'm a displeased customer. I am having issues with my daily limit. I have upgraded my zenith app to N25,000,000 but I am limited to N100,000. I have sent several mails and called online customer care but it has not been resolved. I have been on this since last week.

REPORT ON THE FLAG-OFF AND DISTRIBUTION OF FREE FERTILIZER TO FARMERS IN MAKARFI LOCAL GOVERNMENT AREA

Introduction

In line with the commitment of the Kaduna State Government under the leadership of His Excellency, Senator Uba Sani, to improve agricultural productivity and food https://t.co/UCFIoPejJA

Why the Allegations Against Ojulari and NNPC Collapse Under PIA and Data

The article examines allegations concerning NNPC Ltd leadership, including Group Chief Executive Officer Bayo Ojulari, by referencing the Petroleum Industry Act and available data. It presents the claims as issues requiring assessment against legal responsibilities, institutional roles and verifiable evidence.

@LouieDi13 @TheRealCEOAmber @cindy_blog I have an interview with UBA in Akure tomorrow.I need tfare plus accommodation for tonight. I must be there today, please.PLEASE, KINDLY HELP, I must not lose this; I have been searching for a job for a long time @opeoluwa thanks for d 5k.

Textile imports surge as Northern Nigeria struggles to revive cotton industry

Nigeria’s textile industry is facing a deeper structural crisis as imported fabrics from China, India and Pakistan gain market share. The report highlights difficulties reviving cotton production and textile mills in Northern Nigeria, with implications for domestic agricultural supply chains and manufacturing activity.

🐋 Whale Watch: Massive block trade on #SEPLAT
🟢 Action: BUY
💰 Total Value: ₦227.9M (20.0K shares @ ₦11,400)
⏰ Time: 14:34 WAT
See where the smart money is moving next:
🔗 https://t.co/xbnsTCjADj #NGX

BUAFOODS lost 10.0% to 760.60 NGN with a 13,690,800M market cap. That’s not a dip, that’s a very expensive argument with gravity. $BUAFOODS #AfricanMarkets

📊 Today’s session is being summed up by the money flow.

Out of the top 10 stocks by value traded, none is in the green.

🔴Zenith Bank: -2.24%
🔴 GTCO: -0.39%
🔴 AccessCorp: -0.73%

The biggest turnover names... FIRSTHOLDCO (₦3.38B), SEPLAT (₦2.50B), MTNN (₦1.29B) and https://t.co/tsNR1pitxN

The moment Tony Elumelu’s appointment as Non-Executive Director got approved by shareholders at Seplat Energy's recent AGM.

For: 495
Against: 11 https://t.co/c5DBxoY1zE

May & Baker outpaces pharma firms in profit margin growth

May & Baker Nigeria Plc is reported to have recorded the strongest profit margin growth among major listed pharmaceutical companies analysed. The report highlights the company’s relative profitability performance within Nigeria’s healthcare sector, providing an earnings-related development relevant to investors tracking the stock.

Airtel Nigeria surpasses 17,000 cell sites as network expansion reaches rural communities

Airtel Nigeria has surpassed 17,000 cell sites as it expands network coverage across the country, including rural communities. The infrastructure rollout is relevant to Airtel Africa’s Nigerian operations and its telecommunications business, which is represented on the Nigerian Exchange by AIRTELAFRI.

@aremuokulaja @ThatJuDaH GTCO, Zenith and Stanbic will not give you heart attack. Stay away from trouble

FGN Savings Bond: DMO raises N5.86 billion as investor demand cools in August

The Debt Management Office raised N5.86 billion through the Federal Government of Nigeria Savings Bond in August 2026, down from N6.19 billion in July. The decline indicates cooler investor demand for the instrument during the period and provides an update on domestic government borrowing activity.

FG re-opens 3 bonds valued at N1.1trn for subscription for Aug

The Debt Management Office, on behalf of the Federal Government, has reopened three FGN bonds valued at N1.1 trillion for subscription in August. The bonds are offered at N1,000 per unit, providing an update on Nigeria’s sovereign debt market and government borrowing activity.

#SEPLAT just printed a orca watch
🟢 Action: BUY
💰 ₦114.0M traded
📦 10.0K shares @ ₦11,400
⏰ 12:42 WAT
🔗 https://t.co/xbnsTCjADj #NGX

I bought GTCO at N140+, It's now down to N128....Will get some dry powder and bag in more.

#NFA

@Asodi_23 hoo no t devenue un gurren lagan guys mtnn....