The Market Pulse

MTN, UN Women Sign MoU To Empower 200 in Kano, Cross River

MTN Foundation has signed a memorandum of understanding with UN Women to support 200 women in Kano and Cross River states. The initiative will provide capacity-building support and represents a social investment programme associated with MTN, whose Nigerian business is represented on the NGX by MTNN.

Budgets Without Results: Nigeria’s Implementation Crisis

The commentary examines Nigeria’s recurring gap between budget announcements and actual implementation, arguing that appropriated funds have not consistently translated into development outcomes. It focuses on weaknesses in execution and accountability, presenting the issue as a broader challenge for economic performance and public-sector effectiveness.

NMDPRA, NUPRC To Negotiate Over Crude Supply Shortages To Refineries

NMDPRA and NUPRC plan to negotiate solutions to crude oil supply shortages affecting local refineries. The regulatory discussions aim to improve domestic refinery feedstock availability as Nigeria’s crude production reaches approximately 1.125 million barrels, with potential relevance for the oil and gas sector.

Pipeline Security Key To Nigeria’s $20bn Gas Investment – PINL

Pipeline Infrastructure Nigeria Limited says improved pipeline security is essential to Nigeria’s plans to expand gas development and attract up to $20 billion in energy investment. The company links secure infrastructure with prospective economic growth, job creation and improved energy supply.

@MTNNG 25 years ago it was a GSM license and a handful of subscribers. Today it's a ₦17.8 trillion company, up 65% this year alone.

25 years of "Everywhere you go." One of the most rewarding names on the NGX for anyone patient enough to hold it.

Numbers like that don't happen by

You can build a successful NGX portfolio with ₦30,000 per month

Just don’t try to buy 15 stocks, brokerage fees and small allocations will eat your returns

Focus is everything. Try a 60/40 Split

60% Income (₦18k): Rotate between dividend heavyweights like GTCO, Zenith Bank,

Nigerian Exchange Group CEO Temi Popoola says the Nigerian stock market has created between 500,000 and 900,000 millionaires. https://t.co/gQbr4LcakP

@vince_koi This actually understates it. NGX Group has gained roughly 494% over the past year, not just 100%+. The exchange operator is quietly one of the best performing stocks on its own market, and most retail investors never think to check its own ticker.

NGX CEO Temi Popoola wants NNPCL, NLNG and Eleme Petrochemicals listed on the Nigerian stock market. This is bigger than a listing.
It could move Nigeria from government ownership to Nigerians owning a stake in strategic national assets.
That’s the real opportunity. 👀 https://t.co/U6PDIee0jA https://t.co/yg1SULqyN9

NGX Group Projects Dangote Refinery’s IPO to Be Game Changer as Investors Crave for Its shares https://t.co/A97qyAvcjH https://t.co/OP355wlXfz

25 years ago, MTN made Nigeria's first GSM call. Today, it's the network in almost every pocket in the country.

The stock tells its own story of the last 25 years.

MTN Nigeria started 2026 at ₦511. It's now trading around ₦845.

Up roughly 65% this year alone. Along the way

📊 The NGX All-Share Index (ASI) tracks the performance of all listed equities. It is a market capitalization-weighted index launched Jan 2, 1984, with a base value of 100. It represents the total market value change relative to that 1984 base date. #NGX #NigerianStocks https://t.co/qpU2xcQGkk

@FOLVSHO Theres nothing wrong in that....everybody wants international investors and more access to capital. Do you think Dangote refinery would list on NGX?

Details of the massive equity injection were confirmed in an official regulatory filing published by the Nigerian Exchange Limited (NGX) on Thursday, August 6, 2026.

https://t.co/kqvlwrsMpY

FUGAZ banks rescue stock market with N237.8 billion gains first week of August

The Nigerian equities market gained approximately N237.8 billion in market capitalisation during the first trading week of August, with advances in FUGAZ banking stocks outweighing declines in several other sectors. The report describes the market as closing the week on a bullish note.

@TomolaGroup Dancem... Because there's already a very strong competitor with solid fundamentals... HBM will mete a lots of pressures on DANGCEM

Seplat Energy and Aradel Holdings powered the oil and gas rally. The three largest listed oil companies together generated about N7.05 trillion in revenue in the first half of 2026 on the back of higher crude prices.

Nestle Nigeria Opens Applications for 2026/2027 Community Scholarship Programme

Nestle Nigeria Plc has opened applications for its 2026/2027 Community Scholarship Programme. The initiative supports students from the company’s host communities and forms part of Nestle Nigeria’s ongoing community engagement activities. The company is listed on the Nigerian Exchange and operates in the consumer goods sector.

Lagos Risks Worse Flooding Without Strict Shoreline Regulation, SDAL Warns

The Shoreline Developers Association of Lagos has warned that construction on wetlands and unregulated land reclamation are worsening flooding risks in Lagos. Its president called for stricter shoreline regulation, raising a broader regulatory issue relevant to development activity and companies operating in Nigeria’s construction and real-estate sector.

@AlfaAdam001 Dangcem is trading at around 930-970 rn though