The Market Pulse

Nigeria’s oil production dropped 4% in July – NUPRC

Nigeria’s crude oil production declined by 4% in July, according to the Nigerian Upstream Petroleum Regulatory Commission. Despite the decrease, national output remained within the country’s OPEC quota for the third consecutive month. The update provides market-relevant information on Nigeria’s upstream oil production performance.

Q2 2026 Industry Review: Mortgage Bank Stocks Crash After Q1 Boom

Nigeria's mortgage bank sector shed N97.64bn in Q2, with combined market cap falling from N283bn to N185.35bn.

Infinity Trust lost 40.79%, Abbey Bank 26.77% and LivingTrust 25.42% as profit-takers reversed Q1

Investors on the NGX went through an involuntary frog jump between May and August, sweating out roughly ₦13 trillion in June alone.

In our August newsletter, we detail the playful market behavior that made this correction necessary.

Cover art by @sashdsgns.

Link in 🧵 https://t.co/QM2MbssXuH

Daily oil production declines 4% to 1.67mbpd in July — NUPRC

Nigeria’s daily oil production fell 4% to 1.67 million barrels per day in July 2026 from 1.74 million barrels per day in June, according to NUPRC data. Production remained above 1.5 million barrels per day during the period.

Ngx trading summary: Kindly see attached the top 10 gainers, losers, volume and value traded. https://t.co/3oikwTFsa0

Vodacom appoints former Airtel Africa CEO Segun Ogunsanya to board

Vodacom Group has appointed Segun Ogunsanya, the former Airtel Africa Group Chief Executive Officer, as an independent non-executive director. The appointment is relevant to investors tracking Airtel Africa and Nigeria’s listed telecommunications sector because it involves the former leadership of a tracked NGX-linked company.

All in mtnn https://t.co/tiQGiMxPdZ

📈NGX Daily Market Update | 12th August 2026
INTENEGINS topped today's gainers with a 10.0% gain, followed by ETI with 9.93%. On the downside, BUAFOODS declined by 10.0% to topped the losers followed by UNILEVER with 9.97%.
#NigerianStocks #StockMarket #MarketUpdate https://t.co/VT7hzYf4i5

Ngx Twitter is learning a hard way, some people bought at ATH and are deep in loss atm.

This should serve as a lesson that investing is a journey, ensure to have learn't some lessons this season and avoid following every advise on the TL.

Joy is coming.

NGX Group is targeting Hong Kong investors and courting major Chinese firms in Nigeria for dual listings on the local exchange https://t.co/p4uXGHmiZF

@princexsol I need my 70k stuk in @wemabank

@celebritytailol 8149143879 opay joy badare please help a girl out her funds are stuck in @wemabank

NGX woos Hong Kong investors, pushes Chinese firms for dual listings

NGX Group is seeking to attract investors from Hong Kong and encouraging Chinese companies with substantial Nigerian operations to consider dual listings on the Nigerian Exchange. The initiative relates to international participation, potential future listings and broader development of Nigeria’s capital market.

@delewestt_ Focus your research OANDO, SEPLAT and ARADEL.

The main NGX names to watch following the Deep Offshore Oil and Gas Projects Incentives Order, 2026:

1. OANDO: Clearest potential direct exposure through deepwater OML 145.

2. JAPAULGOLD: Potential local-content beneficiary through marine logistics and offshore support https://t.co/z5XneQqgWo

🇳🇬 Stock Summary • 12 Aug 26

📈 Gainers:
INTENEGINS: +10%
ETI: +9.93%
TRANSEXPR: +9.77%
CWG: +9.74%

📉 Losers:
BUAFOODS: -10%
UNILEVER: -9.97%
JOHNHOLT: -9.9%
AVACAP: -9.5%

v1.0.4

#NGX #Economy

Femi Otedola known holdings

Femi Otedola's current active stock holdings on the Nigerian Exchange Limited (NGX) and his respective ownership percentages of total outstanding shares reflect his focus on securing majority banking control and strategic industrial positions.

Market close 🛎️

ASI: 243,967.1 (-1.12%)
Market cap: 157.9T
YTD: +55.66%
Date: 12 August, 2026.

Even in red market, opportunities still persists- read @stockyvest Fair value report today and see the opportunities in the NGX before everyone else. All for just 2k 👇😊

BUAFOODS finally bowed to pressure from profit taking investors...Thats a very huge 10% sell off. 😒

In 7 days
I have had to say farewell to 3 people, found out how useless a passport is as identification in Uganda, Stanbic is not functioning, NIRA's payment system can fail to work, and we all can't do anything about it.
But A is born in this month, it will be great BY FORCE! https://t.co/FJIB25G4SQ