The Market Pulse

🕛 Halfway through the NGX session: ASI −0.62% at 246,987

AIRTELAFRI's sell wall shrank ₦513M since open.
Buyers piling into MTNN — bid queue +₦499M this morning.

2 stocks have zero sellers right now.

Live queue → https://t.co/jwAuPYO9pK #NGX

UPDCREIT +10%, Thomas Wyatt -9.97%, same day, same market. Never a dull moment on the NGX. https://t.co/KBukH7mBPz

MTNN

The bears said, "No, MTNN is not gonna have a smooth ride to N1,000/share"
The bulls must not lose the N819.6/share support, or we drop to N759.9/share, which is a fantastic region to pick more MTNN

#NFA https://t.co/K9MzdcwkJd https://t.co/zDxkomaswa

Consumer Optimism Grows as Inflation Expectations Moderate, CBN Survey Shows

A CBN survey indicates that Nigerian consumer confidence improved in July as concerns about rising prices moderated. However, households remained cautious about spending on homes, vehicles and other high-value items, suggesting that improved sentiment has not yet translated into broad-based willingness to make major purchases.

@iamwalebanks This is why NGX money market/mutual funds report yields that move week to week, the fund isn't sitting on cash, it's rolling T-bills and CPs in and out constantly.

The "liquidity" people love about these funds is really just how deep and active that secondary market is.

@Rxbremen I bought UACN at ₦85 early this year around January, it looked like a steal to me. I'm surprised you bought it ₦78 around August.
NGX the unique animal.

@abalu_uthman @investbamboo I am starting with you.
Using GTCO stock as pilot stock. https://t.co/UKI1VbrcmR

What does this mean?
Find out in the thread

Driven by anticipation of mid-year profit reports, the Nigerian stock market bounced back strongly in July. Investors heavily bought banking, insurance, and other major stocks, boosting the total market value by N10.9 trillion from https://t.co/7k30SER10O

Manufacturers Urge CBN to Cut Interest Rates as Financing Costs Weigh on Industry

Nigerian manufacturers are urging the Central Bank of Nigeria to reduce interest rates, saying high borrowing costs are limiting production, investment and industrial growth. The sector also faces electricity supply challenges and foreign-exchange constraints, creating broader operating pressures for listed industrial and consumer goods companies.

@stockyvest Seplat

Trade Surplus Expands to $3.46 Billion as Oil Imports Decline

Nigeria's merchandise trade surplus increased to $3.46 billion in April 2026 from $2.62 billion in March, a 32.06 percent month-on-month rise. The improvement reflected lower import spending, particularly on petroleum products, alongside modest export growth, according to the Central Bank of Nigeria.

Nigeria’s equities market staged a strong July rebound, adding about N10.9 trillion in market capitalisation as investors repositioned for half-year earnings and piled into banking, insurance, and other large-cap stocks.

The NGX All-Share Index (ASI) increased by 6.92 percent https://t.co/DnozU2Mn4G

MTNN just wiped the floor red 🩸

-4.73%🔻

🔴MTNN is trading lower in the ongoing session.

Nigeria’s second-largest stock by market cap is currently at ₦805 (-4.73%), down from the previous close of ₦845.

The stock has now moved ₦40 below yesterday’s close, making it one of the more notable large-cap drags in the https://t.co/FTRii82sVD

📊 DANGCEM fact: Dangote Cement is the largest NGX stock by market cap. Key metrics include P/E ratio and Dividend Yield. Watch for ticker flags: BLS (Below Listing Standard) and MRF (Missed Regulatory Filing). Stay informed. #NGX #NigerianStocks https://t.co/KjM1lRepTS

Japan Commits $3.5m Grant To Boost Nigeria’s Rice Seed Production

Japan has provided a grant of about 587 million yen to strengthen rice seed production in Nigeria. The project is intended to improve agricultural productivity and food security, with potential relevance to the listed agriculture sector and broader consumer-goods supply chains.

🔥TANTALIZER is pushing into the top-gainers board.

The stock is now trading ₦4.49 (+9.51%), making it the #2 top gainer on the NGX so far, behind FTNCOCOA (+9.88%).

📈 Opened at₦4.10 and has climbed steadily to ₦4.49 in the ongoing session. https://t.co/efwNeWYsZR

Group SeeKs Action Against Importation of Banned Pesticides

CropLife Nigeria has called for urgent enforcement to halt the importation, distribution and sale of banned pesticides in Nigeria. The group warned that the practice threatens public health, food safety and agricultural exports, making the issue relevant to regulation of the agriculture sector.

11 NGX Giants Mint N3.06tn Profit in Six Months as Banks, Cement Makers and Telcos Power Earnings Boom https://t.co/nWitfcD1Rv

Black Market Dollar to Naira Exchange Rate for Today, Tuesday, August 11, 2026

Nigeria’s parallel-market dollar-to-naira exchange rate was reported as relatively stable on Tuesday, August 11, 2026. Bureau De Change operators indicated that demand for US dollars continued to exceed supply across major markets, providing an update on prevailing foreign-exchange conditions in Nigeria.