The Market Pulse

Nigeria’s public debt hit N159.35tn in March — DMO

The Debt Management Office reported that Nigeria’s total public debt stock reached N159.35tn by March 2026. The increase is relevant to investors because public borrowing and debt-servicing requirements can influence fiscal conditions, funding costs, liquidity and the operating environment for listed companies.

Tinubu Approves Delegation For Nigeria’s 1st Diaspora Investment Conference In Canada

President Bola Tinubu has approved a Federal Government delegation, led by Chief of Staff Femi Gbajabiamila, to attend Nigeria’s first Diaspora Investment Economic Conference in Toronto from August 12 to 15. The conference will focus on investment opportunities and stronger Nigeria-Canada economic relations.

@ProfitableMan1 When the banks move, the whole NGX usually feels it. Today’s performance shows just how much influence the banking sector has on market sentiment. 📈🔥

Consumer goods giants spend N75 of every N100 earned as costs bite

Six leading listed Nigerian consumer goods companies recorded N2.09 trillion in revenue and N1.55 trillion in costs during the first half of 2026. The figures indicate that costs absorbed about N75 of every N100 earned, highlighting ongoing cost pressures across the consumer goods sector.

TaxOmbud: Just tax system remains bedrock of modern economy

The TaxOmbud emphasised that a fair tax system is fundamental to a modern economy and clarified that its office is not intended to prevent government from collecting taxes or revenue. The development relates to Nigeria’s tax administration and broader regulatory environment, with potential relevance for listed companies and market participants.

Lawmakers seek emergency parliamentary session over insecurity, budget implementation

Lawmakers are seeking an emergency parliamentary session to address insecurity, alleged constitutional violations, opaque public spending, and weak budget implementation. The developments relate to Nigeria’s fiscal governance and public-sector spending, which may influence the broader macroeconomic environment relevant to NGX-listed companies, although no specific company or market action is identified.

High gas prices undermine Nigeria’s industrial ambitions – Coleman CEO

Coleman Technical Industries CEO George Onafowokan said elevated gas prices are weakening Nigeria’s industrial ambitions by increasing operating costs for manufacturers. The comments highlight energy expenses as a broader challenge for industrial businesses, including companies operating in sectors represented on the Nigerian Exchange.

🇳🇬 Stock Summary • 07 Aug 26

📈 Gainers:
UPDC: +9.23%
CWG: +6.56%
MANSARD: +4.8%
NEIMETH: +4.24%

📉 Losers:
REDSTAREX: -10%
CAP: -9.98%
JOHNHOLT: -9.82%
ABCTRANS: -9.57%

v1.0.4

#NGX #Economy

CBN reforms begin reaching consumers as banks expand dollar card spending limits

Nigerian banks are expanding dollar card spending limits as Central Bank of Nigeria foreign-exchange reforms begin reaching consumers. The development reflects changes in banking-sector foreign-excurrency services and provides market-relevant information on the implementation of monetary and financial regulation.

Nigerians earning N150,000–N250,000 feel inflation most—CBN

The Central Bank of Nigeria’s latest Inflation Expectations Survey found that Nigerians earning between N150,000 and N250,000 per month were most likely to perceive inflation as high in July 2026. The finding provides an indication of inflation sentiment among households in that income range.

@X_svpr3m3 have.
Thank you for your patience and understanding.
We look forward to hearing from you.
https://t.co/aI8dhyejna
UBA Cares
(2/2)

NGX Market Today 📊

Top Gainers

FTN Cocoa
Learn Africa
Legend Internet

Top Losers

PRESCO
RT Briscoe
The Initiates Plc (TIP)

Banking stocks helped keep the market in positive territory despite broad profit-taking across many sectors.

Bottom Line: A softer US labor print gives relief to global growth assets, while domestic markets stay range-bound near peak levels.
#Stocks #NGX #Investing #Economy #Trading #WallStreet #Equities #GlobalMarkets #Finance #IISAAC
#CapitalMarkets #PortfolioManagement #IsaacMarkets

First HoldCo Plc has disclosed another insider-related share acquisition involving Calvados Global Services Limited, a company linked to the HoldCo’s Chairman and significant shareholder, Mr Olufemi Otedola, CON.

A regulatory filing submitted to the Nigerian Exchange Limited https://t.co/svVJFIVXch

"TinuBULL Rally": Nigeria’s ₦30trn Market Soars to ₦160trn in 3 Years as NGX Rewrites Africa’s Capital Market Story | Oyakhamoh Y. Carl-Abu'Bakar

Nigeria’s economy before President Bola Tinubu’s swearing-in was a picture of fragility: a stock market stuck at ₦30 trillion, https://t.co/uvrFCyOH36

Nigerian Exchange (NGX)
• ASI: Up +0.12% (+297.10 pts) to close at 245,209.34.
• Market Cap: ₦158.28 Trillion (YTD: +57.58%).
• Key Movers: Banking index +0.62% led by FIRSTHOLDCO (+5.00%); UPDC (+9.23%) and CWG (+6.56%) among top gainers.

📊 Market Wrap (August 7, 2026)
Cooling US labor data sparks global risk-on sentiment, sending the S&P 500 to record highs, while the NGX edges up modestly.
Here is what moved markets today 🧵👇 https://t.co/e4suHWK2Lr

UBA nor be so o💔

@UBACares Uba im stranded. Wtf is going on?? This is absolute rubbish

@nazzaokonkwo This is exactly what my brains jumped to. The NGX would triple in size by 2031. His approach is very capitalistic but Nigeria needs that capitalism. Post 2030 we can focus on safety nets for our vulnerable, right now we need that income to finance the infrastructure.