Nigerian market news and social signals.
Market Snack archive11398 stories
@richestflexx Fair point. But broo, I've been digging into Access banks financials and this bank is stupidly undervalued.
The only main reason their share price is where it is is because of the number of shares they have in circulation.
They have about 10billion more shares than GTCO.
@olusegini @Refkennie 😂 You’re confusing GDP with the stock market. GDP measures the value added from all economic activity , including millions of SMEs, informal businesses, agriculture, government and services that are nowhere near the NGX. Listed companies matter, but their market capitalisation
NERC has dissolved the board of Kaduna Electricity Distribution Plc over cumulative market obligations of N456.5 billion and continuing financial and operational difficulties. The regulator appointed an interim board and ordered a transparent process to select a new core investor for the distribution company.
Cornerstone Insurance Plc has enhanced its AI-powered virtual assistant, CiCi, by adding voicebot capability. The company said the upgrade strengthens its digital service offering, although the report does not provide financial results, transaction details, or specific effects on earnings or market performance.
NERC dissolved the board of Kaduna Electricity Distribution Company and appointed its managing director as interim administrator for six months. The regulator cited severe financial, operational and regulatory failures, including reported debt of N456 billion, highlighting ongoing governance and financial pressures in Nigeria’s electricity distribution sector.
Critical Minerals Financing Corp Plc, formerly Deap Capital Management & Trust Plc, is reported to be showing positive prospects three months after shareholders approved the company’s transformation. The development is relevant to investors tracking the company and its listed equity on the Nigerian Exchange.
💹 NGX Equities Snapshot – August 7, 2026
All-Share Index - 245,573.6 (+0.15%)
Value Traded - N26.65 Billion
Market Deals - 42,517
_
Advancers/Decliners - 26 to 28
Unchanged - 93
_
Volume of Shares Traded - 1.52 Billion
Total Equity Market Cap - N158.51 Trillion
Nigeria’s three listed breweries spent more than N220 billion on advertising and distribution in the first half of 2026. The spending reflects intensified competition for shelf space and consumer attention, making the development relevant to the companies’ operating costs, market positioning and potential earnings.
Donald Duke has called for a comprehensive overhaul of Nigeria’s financial architecture, citing high interest rates and rising debt as key concerns. The comments relate to monetary and fiscal conditions that can influence financing costs, banking-sector performance and broader investor sentiment in the Nigerian equities market.
FCMB and healthcare stakeholders have outlined a roadmap aimed at moving Nigeria’s health sector from survival to scale. The discussion highlights the sector’s need for more than additional funding, though the provided text does not detail specific investments, transactions, or financial commitments.
T-Pain to T-Gain: How Tinubu is fixing Nigeria“Another major achievement has been the diversification of the Nigerian economy. Non-oil exports increased to $6.1 billion in 2025, representing an 11.5 percent growth over the previous year. This demonstrates that Nigeria is
Research Insight #5 | Cash FlowAfter analyzing Custodian Investment H1 2026 results, cash generation moved in the opposite direction to the dividend payout.Operating cash flow was negative ₦46.7bn in H1 2026, compared with positive ₦13.9bn in H1 2025, while approximately
Research Insight #3 | RegulationAfter analyzing Custodian Investment H1 2026 results, regulation is increasingly shaping capital allocation across the Group.Custodian's statutory insurance deposits increased 62% under the Nigerian Insurance Industry Reform Act 2025, while
Research Insight #2 | Quest Merchant BankAfter analyzing Custodian Investment H1 2026 results, Quest Merchant Bank materially changed the shape of the Group's earnings.Interest income surged following the expansion of Quest's balance sheet, with loans reaching about ₦216.9bn
@abazwhyllzz You bought Tantalizer and some other shady stocks, now you’re suddenly claiming to be an NGX expert. 😂When last did you even see a Tantalizer shop around Lagos? Meanwhile, you ignored some solid finance stocks that are actually doing well.“Do your research” you said no. Now
Research Insight #1 | Custodian Investment H1 2026After analyzing Custodian Investment H1 2026 results, the headline growth masks a sharp divergence inside the insurance business.Non-life insurance revenue grew 8.3% YoY, while life insurance revenue fell 41.8%.The contrast
@Tobechukwu9058 @instablog9ja Na so UBA dey do for where you come from?
This is the answer to those participating in NGX, especially those converting money earned in Forex into Naira to participate in the “hyped up” market. https://t.co/SOkAI7jc9x
@Funminz @abalu_uthman What I think is, since you're spending in Nigeria, no matter the performance of your portfolio in us stocks inflation would still get you either but way. The only way to counter balance this would be if the exchange rate becomes worse. Also, you can't get Ngx-like easy return.
NGX Stocks Paying Dividends in August.
Check if your stock is on the list.Aug 10
Guinness Nigeria — ₦7.00
VFD Group — ₦0.24Aug 14
Unilever Nigeria — ₦2.00Aug 17
Lafarge Africa (HBM) — ₦16.00Aug 27
Presco — ₦10.00Aug 28
Seplat — $0.05 interim + $0.07 special
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