The Market Pulse

Five investors corner 65% of IEI’s N25.84 billion public offer

International Energy Insurance Plc raised N25.84 billion through its recently concluded public offer. Five applicants accounted for more than half of the total subscription value, representing 65% of the offer. The development provides information on investor concentration in the company’s capital-raising exercise.

@Akinrinoye2 @wemabank So una get money 🤑 when last we see 50k

So I have some amount of money in Nigerian stocks and obviously I have learnt this heavily but something just happened

#stock

What exactly is the issue with UBA mobile App that it is still being fixed.

It's 5 days and counting and I still can't do a transaction @UBAGroup

@_iamhabeeb That’s what happens when you live in nigeria as a FCMB bank user.

Dr Toks, you are very correct about his wealth growing via the NGX investment due to the great reforms of this administration. I've met not less than 10 people who are anti-Tinubu but have grown their wealth silently within 2 years via the NGX.

At one point, I was forced to ask https://t.co/y6zGtdwAVv

@itskbinnit My phone don put my most used app before to deep sleep because i no use am again.

The app is UBA btw

@ebukahhhh @ZenithBank Sign of what? Make then first do me small money make I chop. 😭

@king_Enoel @ZenithBank It’s a sign

Naira cools as daily FX market activity declines

The naira weakened slightly against the dollar in the official foreign exchange market as daily trading activity declined. Changes in currency conditions and FX market liquidity are relevant to Nigerian equities because they can influence companies’ import costs, foreign-currency exposures, and reported financial results.

@Wealth_ese1 Consumer goods: Need to see if the Nigerian Consumer is spent.

Telcos: Expecting a positive result.

Oil and Gas: I'm thinking the Aradel slide could be.hakted with a stronger than expected H1 result.

Banking: Fidelity, GTCO, Jaiz (For both investment and educational purposes,

⚡️JUST IN: SMC DAO begins process to introduce pension scheme for employees as part of expanded staff benefits, with PENCOM employer registration initiated through Stanbic

#ASDailyNews #SMCDAO https://t.co/H4Yf5ePdwu

Here are 3 stocks I believe have strong potential to deliver multi-bagger returns by 2032:

1. CWG (₦19–20): it’s an ICT scaling machine with proven explosive revenue growth and Nigeria’s digitalisation still has years to run.

2. FTNCOCOA (₦8–9): it’s a low-priced cocoa https://t.co/PFyqBYKrH1

SEPL

The bulls fought hard and held the 500p psychological support zone, and with a good bounce, Seplat London has returned 22%, and we are approaching the previous ATH of 620p, as we are less than 7p from hitting the target and, if possible, surpassing it.

Congratulations to https://t.co/YUeLpXrvJZ https://t.co/PGDPVCoPM8

Create Regional Fuel Price Benchmarks to Curb External Distortions—S&P

S&P Global Energy has called for credible West African fuel-price benchmarks to reduce distortions linked to external pricing references. The recommendation was made at a refined-fuel market conference in Abuja and relates to pricing conditions in Nigeria’s oil and gas sector.

@TheVakundi @investbamboo Bought MTNN today.

MTN’s Iran profit trap deepens as war forces Irancell stake writedown

MTN Group is expected to record a material impairment on its 49 percent stake in Iranian operator Irancell as conflict-related conditions worsen. The writedown is relevant to investors tracking MTNN and the company’s international operations.

It’s a bit more complicated than “you made money from Nigerians, so you must list in Nigeria.”

Companies list where they believe they can access the capital, liquidity and valuation they need.

This happens globally.

The better conversation is how Nigeria can make the NGX https://t.co/558FxGkZO2

@wemabank abeg na money I save I no kill person !! I’ve done all necessary verification and I just keep having to wait 24 hours everytime .. someone sent me money yesterday to help with something with my card till now I’ve not received it!.

Road construction causes over 5,000 fibre cuts in 6 months, says NCC

Road construction and excavation caused more than 5,000 fibre optic cuts in Nigeria during the first half of 2026, according to the NCC. The damage disrupted digital services and highlights infrastructure reliability concerns for operators and other businesses dependent on telecommunications connectivity.