Nigeria has been admitted as the newest national member committee of the World Energy Council ahead of its 2027 congress. The development places the country in a broader global energy governance forum, although the report does not identify specific NGX-listed companies or immediate corporate actions.
The same briefing included plans to deploy 3,700 telecom towers starting October, covering over 20 million Nigerians currently without reliable network access.
The investable angle here isn't the fibre itself, it's what depends on it. https://t.co/XKFPCqTtlw
The federal government is seeking greater private-sector capital and innovative financing to address Nigeria’s climate-adaptation needs. It said public funding is insufficient for the infrastructure, technology and resilience systems needed to protect the economy and communities from climate-related impacts, creating a potentially relevant macroeconomic consideration for listed companies.
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- The Chief Executive Officer of Nigerian Exchange Limited NGX, Temi Popoola, has called on President Bola Ahmed Tinubu to support policies that would require major companies operating in Nigeria, particularly high-growth fintech firms, to list on the domestic stock exchange.
@maziNdu4Real The math on that last point compounds harder than people realize. Reinvest dividends instead of spending them and you're not just adding shares, you're adding shares that themselves start paying dividends the following year.
PANDEF has commended President Bola Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited. The agreement is intended to support construction of Nigeria’s first floating liquefied natural gas facility, representing a significant development in the country’s gas infrastructure and oil and gas sector.
Not a financial advice, but no NGX investor should joke with any of these 4 stocks if you are building a concentrated portfolio to hold for the next 3 to 5 years
1. MTN Nigeria (MTNN)
As data usage skyrockets and mobile financial service integration expands, MTNN operates
MTN Nigeria confirmed that eligible subscribers can receive a 25GB data reward under its anniversary promotion. The company also warned customers to avoid fraudulent websites and links impersonating the offer, highlighting risks associated with fake giveaways and online scams targeting telecoms users.
We cannot say Nigeria lacks the capacity for an OPay or PalmPay IPO when MTNN listed at a ~$6B valuation. At ~$4B and $1B valuations, both are smaller than MTNN was at listing.
A US/Hong Kong IPO is good, but a dual listing on the NGX is better.
@RetsonTedheke01 Bros, facts no dey take side. Stock market dey price future earnings, sentiment and big firm value. E no equal jobs, wages, consumer spending or cost of living for majority. NGX surge from ~N30tn to N160tn real, yet poverty still high around 60%+ per World Bank/IMF data and real
EITI assessors have arrived in Nigeria to evaluate reforms across the oil, gas and mining sectors. The review focuses on transparency and accountability, areas that may inform regulatory oversight and the operating environment for companies connected to Nigeria’s listed oil, gas and natural-resources sectors.