The Market Pulse

Nigeria Market Stats
Daily Snapshot
Fri. 7th August, 2026
Data from NGX Market Close (Yesterday)

#NigeriaMarketStats #NGXMarket #NigerianEconomy #FinancialMarkets #StatartInsights https://t.co/xoCx656sXA

SentiNEX Weekly Banking Sentiment Index 📊(Aug 03 – 07, 2026)
Public perception isn't static—it reacts instantly to digital service reliability.

Here is how Tier-1 banks ranked on the SentiNEX Terminal this week. 🧵👇

🟢@ecobank_nigeria: 100% (+37pp) | Rank #1 ⚪ @ZenithBank: https://t.co/0fJIQNlyvk

Research Insight #5 | Ownership & Liquidity

After analyzing BUA Foods H1 2026 results, the shareholder structure adds another dimension to the investment case.

Free float stands at just 4.72%, while Abdul Samad Rabiu and BUA Industries jointly control 92.63%.

That

🐋 Whale Watch on #FTGINSURE
🟢 Action: BUY
💰 Block trade: ₦215.0M
📊 Size: 83.33M @ ₦2.58
⏰ 10:40 WAT
🔗 https://t.co/cFVHdSWDuD #NGX

Research Insight #4 | Tax

After analyzing BUA Foods H1 2026 results, the tax line remains unusually supportive of the bottom line.

The effective tax rate was just 7.18%, despite increasing from 5.81% in H1 2025.

This makes the sustainability and duration of BUA Foods' tax

@kleverking1 @barondickson I don't think their dividend is anual, I have received ngx dividend twice this year

Based on your research, I'd make the post more opinionated around the misconception people have. The strongest insight isn't that the NGX is performing well—it's why a country facing high inflation and weak consumer spending can still have one of the world's best-performing stock

Research Insight #3 | Earnings Quality

After analyzing BUA Foods H1 2026 results, reported profit contains very little support from one-off or non-operating items.

Other income represented less than 1% of PBT, while the explicit net FX impact was immaterial.

The bigger

Enjoy the 10% NGX daily restriction on losses and gains as it lasts, this offer would soon end.

Want to own MTN, GTCO, and Dangote Cement without buying 30 different stocks?

An NGX 30 ETF does exactly that.

Two of the biggest options: VG 30 ETF (formerly Vetiva Griffin) and Stanbic IBTC ETF 30. Both track the same index. They aren't the same vehicle though.

VG 30 ETF

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UBA fix this app issue abeg now @UBAGroup

Research Insight #2 | Revenue Mix

After analyzing BUA Foods H1 2026 results, the weakness was concentrated in its largest product categories.

Bakery Flour and the two Sugar categories accounted for most of the ₦147.4bn revenue decline.

Pasta moved in the opposite direction,

Sanwo-Olu, Fashola advocate non-interest finance to drive Nigeria’s economic growth

Lagos officials and financial-sector leaders called for wider adoption of non-interest finance at an Alternative Bank event. They described the model as a means of mobilising long-term capital and supporting productive economic activity, with relevance to Nigeria’s banking and financial services landscape.

FG assures funding as fifth Benue bridge targets completion by December 2027

The Federal Government says funding is available for the Buruku Bridge in Benue State, with construction targeted for completion by December 2027. The project forms part of infrastructure development and may be relevant to investors tracking Nigeria’s construction and industrial goods sectors.

Research Insight #1 | BUA Foods H1 2026

After analyzing BUA Foods H1 2026 results, the margin story deserves more attention than the revenue decline.

Revenue fell 16.2% YoY, but raw material costs declined much faster at 33.1%, from ₦531.3bn to ₦355.6bn.

With sugar and wheat

$ETI dropped 10% to 72.10 NGN and still carries a 1,708,770M market cap. That’s not a dip, that’s a bank arriving late to its own balance-sheet meeting. #NGX #AfricanMarkets

Dear Sir/Ma,
I am writing to formally escalate a complaint against First City Monument Bank regarding the AFIN Cassava Program, an agric loan scheme facilitated by the FCMB branch at Idi-Odo, Challenge, Ibadan, and disbursed in Ilora, Oyo State of which I was a beneficiary.

𝐅𝐂𝐌𝐁 𝐜𝐨𝐦𝐦𝐢𝐭𝐬 𝐍𝟐𝟎𝐛𝐧 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠
https://t.co/c4yoB7SCh5 https://t.co/ijMRNiLgSY

@_okime seplat, airtel africa, dangote cement, aradel, MTNN, NESTLE

Labour Leaders Lament Rising Cost Of Living, Demand Review Of ₦70,000 Minimum Wage

Labour leaders at a workers’ summit in Birnin Kebbi said rising inflation and living costs have reduced the value of workers’ earnings. They called for a review of the ₦70,000 minimum wage, highlighting ongoing macroeconomic pressures affecting households and the broader Nigerian economy.