The Market Pulse

#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....

MDGIF backs 200 gas projects as Nigeria races to unlock 200 trillion reserves

The Midstream and Downstream Gas Infrastructure Fund says it is supporting about 200 gas infrastructure projects nationwide. The initiative is aimed at developing Nigeria’s estimated 200 trillion cubic feet of gas reserves, making it relevant to the country’s oil and gas and utility sectors.

@stockyvest I bought 5 units of GTCO

Geregu Undertakes Financial Review Amid Bond Repayment Obligation

Geregu Power Plc has commenced a review of its transactions and financial obligations following online concerns about its bond repayment obligations. The utilities company disclosed the exercise to the Nigerian Exchange, stating that it is intended to support transparency, accuracy and prudent financial management across its operations.

Dangote Refinery drives push for West Africa fuel price hub

Dangote Refinery is supporting efforts by West African energy regulators to establish a regional fuel-pricing benchmark. The proposed hub could improve transparency in petroleum pricing and influence market conditions for Nigerian oil and gas companies, although no specific listed-company earnings or corporate action is reported.

Tinubu’s tax reforms promised relief, evidence shows multiple levies are killing businesses

Businesses report that despite federal tax reforms intended to simplify Nigeria’s tax system, they continue to face multiple taxes, levies and other government collections. The issue has broad implications for the operating environment and cost structures of companies across sectors represented on the Nigerian Exchange.

#SEPLAT just printed a orca watch
🟢 Action: BUY
💰 ₦184.9M traded
📦 16.2K shares @ ₦11,400
⏰ 12:41 WAT
🔗 https://t.co/xbnsTCjADj #NGX

Jobs: NCDMB Sets New Template For Contractors To Access Funds In Niger Delta

The Nigerian Content Development and Monitoring Board has introduced a digitised template for contractors in the Niger Delta to access funds. The initiative is intended to improve quality assurance, contract procurement efficiency, indigenous participation and job creation within Nigeria’s oil and gas sector.

Stakeholders Seek Stronger Financing System for Housing Deficit Gap

Policymakers and industry stakeholders are calling for a stronger housing-finance system to help address Nigeria’s estimated 14.9 million-unit housing deficit. Discussions are centred on financing, infrastructure and market development, with potential relevance to the construction and real-estate segments represented on the Nigerian Exchange.

Presidency reacts as US flags Nigeria’s fiscal transparency gaps

The Presidency has responded to a US assessment that Nigeria did not meet minimum fiscal transparency requirements. It said the findings should be considered an external benchmark rather than a comprehensive evaluation of the country’s fiscal governance, keeping attention on public-sector disclosure and fiscal management.

Four Registrations Come Before Any Licence

Businesses seeking licensed operations in Nigeria must complete four federal registrations before applying for the relevant sector licence. The sequence begins with incorporation at the Corporate Affairs Commission, while some registrations create continuing compliance obligations. The report highlights the administrative requirements businesses must address before commencing regulated activities.

Why Nigeria wants oil tax relief to do what decade of talks couldn’t

Nigeria is considering oil tax relief to address fiscal barriers that have delayed the development of major offshore discoveries for more than a decade. The policy discussion relates to investment conditions, future production and the operating environment for Nigeria’s oil and gas industry.

A few years ago, the GTCO Food & Drink Festival at Lekki was more than just an event. It was a booming business hub that brought families from every corner of Lagos together for one vibrant, flavor-packed weekend.

I attended the second edition with my media team. Pictured. https://t.co/gYwkTuaaJu

@fimiletoks Well, the True Value of Naira is less than ₦700. $1360 is Bogus exchange. Real issue:

1) NGR Govt needs to Balance it's budget and Stop Borrowing. Issue Coupon Debt to Equity on the NGX to Finance all Businesses.

2) CBN Authorise " Bank Credit CREATION" for Production only.

INVESTDATA TECHNICAL ANALYSIS: UACN PLC

​Here is a quick breakdown of UACN of Nigeria Plc (NGX: UACN) as of August 2026:

​🔹 Current Price: ₦17.50
🔹 Technical Rating: BUY
🔹 Overview: Long-established
diversified holding company (consumer goods, animal feeds, paints,

🕛 NGX Mid-Session Snapshot

Market breadth remains weak with 29 red vs 12 green stocks.

🟢 Leader: INTENEGINS +10.00% (₦4.84)
🔴 Laggard: DAARCOMM -9.25% (₦1.57)

📈 Uptrend:
WEMABANK: +3.28% (3-day uptrend)
HONYFLOUR: +0.28% (3-day uptrend)

📉 Downtrend:
AVACAP: -6.17% https://t.co/Q7NPwwsfFq

UBA @UBAGroup sucks.

𝗡𝗶𝗴𝗲𝗿𝗶𝗮 𝗙𝗮𝗶𝗹𝘀 𝗨𝗦 𝗙𝗶𝘀𝗰𝗮𝗹 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗧𝗲𝘀𝘁 𝗙𝗼𝗿 𝟮𝟬𝟮𝟱

The US Department of State’s 2026 fiscal transparency report said Nigeria did not meet the United States government’s minimum fiscal transparency requirements for 2025. The assessment covered Nigeria’s fiscal reporting and transparency practices during the period from January 1 to December 31, 2025.