The Market Pulse

Tinubu commends his economic team, NGX for stabilising Nigeria’s economy

President Bola Tinubu commended his economic team and the Nigerian Exchange for contributing to economic stability. He also highlighted the private sector’s role in job creation and supporting government efforts, providing a market-related policy signal for NGX participants and listed companies.

RMAFC gives NUPRC 48 hours to dissolve host community trust

The Revenue Mobilisation Allocation and Fiscal Commission has directed the Nigerian Upstream Petroleum Regulatory Commission to dissolve a disputed Host Community Development Trust within 48 hours. The directive cites concerns about the trust’s constitution and representation, affecting governance of host community arrangements in oil-producing areas.

Stanbic's customer base has grown to 258,000, up 6% YoY, driven by digital innovation and a customer-first strategy.

https://t.co/F6bcJENFIC

#Stanbic #Banking #NSE #Business #Finance #DigitalBanking #Investment #EconomicGrowth

NGX Adds ₦191.77bn as Market Extends Gains

Nigeria’s equities market gained 0.12% on Thursday, with market cap rising ₦191.77bn to ₦158.29tn. The ASI closed at 245,209.34 points, lifting YTD return to 57.58%.

First HoldCo was among the stocks supporting the gain. https://t.co/TZL51NSDov

🚨 BREAKING: NNPLC will be listed on Nigerian stock market- Tinubu

President Bola Ahmed Tinubu has said that as part of the ongoing reforms of the state-owned Nigerian National Petroleum Company Limited, NNPCL, the company will be listed on the Nigerian Exchange Limited, NGX. https://t.co/pfDJdmntT6

Na stock Market Itafanya watu waomoke sana.

Kuna watu wanakafunga mbaaaaya sana

Let’s look at those who bought shares za Stanbic

A share in January 2026 was trading at Kshs.197.50

Leo 7th June 2026 a share of Stanbic is trading at Kshs 286.50

That’s a growth of Kshs 89 Bob

Tinubu commits to NNPC listing as NGX Group advances capital market roadmap for $1trn-dollar economy

President Bola Ahmed Tinubu reaffirmed the administration’s commitment to listing NNPC on the Nigerian Exchange, while NGX Group outlined a capital market roadmap linked to the ambition of building a $1 trillion economy. The development concerns market expansion, prospective listings and Nigeria’s oil and gas sector.

@joel_iky buying Stanbic IBTC stock

@Degeneral_HQ 0021688723 Stanbic Onyekachi Iyinagoro
The fund will go a long way for me. Thank you

@ZenithBank Please why it's not allowing for those who are across the country to do it online?

@LaksIndigene @Uglyskinned @UBAGroup Is only samsung phones are experiencing the UBA app issue. Other andriod and Apple phones can access the app. From my findinga

@richestflexx DANGCEM below 900 again will be very attractive honestly

@Uglyskinned @UBAGroup I notice the uba bank app glitch is on samsung only.

First HoldCo Shares Surge 330.77% in 7 Months as Market Value Tops N6 Trillion

First HoldCo shares reportedly rose 330.77% over seven months to N140, lifting the company’s market capitalisation above N6 trillion. The reported valuation compares with an issue price of N32.50 and positions the financial services group among the notable beneficiaries of the Nigerian equities rally.

The NGX Banking Index is up roughly 66% YTD.

But that headline hides a very different market underneath.

FCMB is still negative YTD, while UBA, Fidelity, Sterling and Access Holdings have all significantly underperformed the banking index.

Part of the gap reflects https://t.co/Sq1gHJcZ7g

NGX closed higher yesterday despite negative breadth.
ASI +0.12% to 245,209.
Market cap gained about ₦192 billion.
Banking names provided the main support while losers still outnumbered gainers.
A few heavyweights are carrying the index while the broader market remains mixed. https://t.co/hlS67dfVk5

We Have The Population, The Brain And The Audacity To Achieve $ 1Trillion Dollar Economy.

~ President Bola Tinubu Woo Leaders Of The Nigerian Exchange https://t.co/RMwf96EOg0

@juxcallmegolden @the_beardedsina Is FCMB a joke to you 🤣

President Bola Tinubu, on Thursday, attributed the growing positive reviews of the economy by experts and favourable economic indicators, which now signal a brighter future for all Nigerians, to the hard work of his economic team and roles played by the Central Bank of Nigeria https://t.co/2wbrI62vXk

THE NGX GAINED N191BN TODAY. BUT MORE STOCKS FELL THAN ROSE. HERE'S WHY THAT MATTERS

ASI up 0.12% to 245,209 points. Second straight day of gains. This sounds bullish, right?

Now look closely in into this > 35 stocks declined, only 22 gained. This is the second session this