The Market Pulse

📊 UZEE STOCKS UPDATE LTD | DIVIDEND ALERT
🇳🇬 HBM Nigeria (HBMNG)

Dividend investors, here is an update worth watching. 👀

HBM Nigeria (HBMNG) is set to pay an upcoming dividend of:

💰 ₦16.00 per share

📅 Last day to buy and qualify: 13 August 2026
📅 Payment date: 17 August

📊 UZEE STOCKS UPDATE LTD | DIVIDEND ALERT
🇳🇬 HBM Nigeria (HBMNG)

Dividend investors, here is an update worth watching. 👀

HBM Nigeria (HBMNG) is set to pay an upcoming dividend of:

💰 ₦16.00 per share

📅 Last day to buy and qualify: 13 August 2026
📅 Payment date: 17 August

We are going to do some reforms to get NNPCL listed on the stock exchange.

- President Tinubu announced today during a meeting with the board and management of the Nigerian Exchange Group at the Presidential Villa. https://t.co/e8ZHomCVm4

@SirJarus It’s SEPLAT we’re talking about here…

NGX Gains 0.12% as FCMB, FirstHoldCo Drive N20.46 Billion Turnover

The NGX All-Share Index rose 0.12% to 245,209.34 on August 6, 2026, as demand for selected banking and financial stocks supported the broader market. FCMB and FirstHoldCo were identified as the main contributors to reported turnover of N20.46 billion.

Customs, agents disagree over National Single Window operations

Customs officials and clearing agents are reported to be in disagreement over the operation of the National Single Window, a federal digital portal intended to streamline import and export documentation at Nigerian ports. The dispute concerns implementation of the system and its effect on trade-processing procedures.

Stakeholders call for public-private strategy to tackle poultry disease

Stakeholders in Nigeria’s livestock sector have urged the integration of private veterinary laboratories into the national animal disease surveillance system. The proposed collaboration is intended to improve disease detection, reporting, and preparedness for poultry outbreaks, with potential relevance to listed agriculture and livestock-related companies.

Crown Takaful shares N100.9m surplus with participants

Crown Takaful Insurance Limited has received NAICOM approval to distribute N100.9 million in surplus to participants. The company said the distribution, conducted within its first year of operations, represents a notable development for Nigeria’s Takaful insurance industry.

Listing 100% of NNPCL ≠ Sale of NNPCL.

Listing “everything” means, they would list all parts of NNPCL.

So NNPCL is made up of Upstream, they have various oil wells that they mine, they are in various Joint Ventures with a good number of companies upstream, such as Total, https://t.co/GMrxe8OTC9

FG targets $3.4bn red meat export market

The Federal Government plans to develop Nigeria’s livestock industry into an export-oriented sector targeting a reported $3.4 billion red meat market. Cross River State has been identified as a strategic hub for supplying the South-South region and international markets, creating potential relevance for listed agriculture companies.

Firms expect borrowing cost to decline in 3 months

The CBN’s latest Business Expectation Survey indicates that firms expect borrowing costs on bank loans to decline over the next three months, despite elevated rates in July. The outlook is relevant to Nigerian equities because lending costs can influence banking-sector conditions and corporate financing decisions.

Unilever’s cash drives profit, but something else is squeezing earnings

Unilever Nigeria’s H1 2026 financial results highlight N97.15 billion in cash and cash equivalents on the balance sheet. The report also examines another factor affecting the company’s earnings, providing relevant information for investors tracking the listed consumer goods company.

Manufacturers’ confidence rebounds despite high borrowing costs, power woes

Manufacturers’ confidence in Nigeria’s business environment improved in the second quarter of 2026, supported by expectations of better government policies and operating conditions. However, businesses continued to face high borrowing costs, unreliable power supply, foreign exchange constraints and multiple taxation, factors relevant to listed manufacturing companies.

CBN survey: Multiple taxation still cripples businesses despite FG reforms

A Central Bank of Nigeria survey identifies multiple taxation as the biggest challenge facing businesses, despite tax reforms introduced by the Federal Government. The finding highlights continued cost and compliance pressures across the Nigerian business environment, with possible implications for company profitability and investment conditions.

Dollar to Naira exchange rate today, August 7, 2026

The naira remained relatively stable against the United States dollar across official and parallel foreign exchange markets on August 7, 2026, as traders monitored liquidity conditions and demand pressures. The update provides macroeconomic context relevant to investors tracking currency-sensitive Nigerian Exchange companies.

Tinubu’s Reforms Restoring Investor Confidence, Boosting Economic Growth, Says Nentawe

APC National Chairman Nentawe Yilwatda said President Bola Tinubu’s economic reforms are restoring investor confidence, supporting economic growth and establishing foundations for a potential $1 trillion Nigerian economy. The remarks represent a broad macroeconomic development relevant to market sentiment and the outlook for Nigerian Exchange-listed companies.

Tinubu hails economic team, NGX as market value hits N160 trillion

President Bola Tinubu commended Nigeria’s economic team and the Nigerian Exchange as total market value reached N160 trillion. He also said NNPC would be reformed and listed on the capital market, linking the announcement to developments in Nigeria’s equities and capital markets.

🇳🇬 NGX UPDATE:
•The ASI gained +0.12% on Thursday to close at 245,209.34 bps (Market Cap: ₦158.3T; YTD: +57.58%).
•Top gainers: ETERNA (+10.00%), AVA Capital (+9.63%), and FCMB Group (+8.55%).
•FCMB & First HoldCo led market order flow
#NGX #Macroeconomics #Naira #Equities

Ajaokuta-Kaduna-Kano gas pipeline will open Niger economy to investors – Bago

Niger State Governor Mohammed Bago said the Ajaokuta-Kaduna-Kano gas pipeline could unlock the state’s industrial potential and attract investment. The infrastructure project is presented as a catalyst for expanded gas access, industrial activity and broader economic development in the state.

The CBN’s Low Capital Base: Reasons and implications for Nigeria’s economy

The column reviews the Central Bank of Nigeria’s role in the financial industry, focusing on its capital base and the reasons and implications associated with it. The subject is relevant to investors tracking banking-sector regulation and broader conditions affecting Nigerian financial institutions.