The Market Pulse

Telecom Firm Balances Shareholder Returns With Continued Investment

MTN Nigeria reaffirmed its intention to balance shareholder returns with ongoing network expansion. Following its half-year 2026 performance, the telecommunications company declared an interim dividend of N26 per share, indicating continued focus on distributions while maintaining investment in infrastructure.

@Investa_holic My is DANGCEM MTNN and MMF

NLC, TUC Demand N500,000 New Minimum Wage For Nigerian Workers

The NLC and TUC have demanded a new national minimum wage of N500,000, arguing that the existing wage is inadequate amid rising living costs and economic hardship. The proposal is a macroeconomic development that could affect listed companies through workforce expenses, household purchasing power and broader inflationary pressures.

The Nigerian equity market closed on a positive territory as the NGX All-Share Index gained 297.10 basis points, extending the market's bullish momentum.

First HoldCo Plc emerged as the most valuable listed company on the Nigerian Exchange, with a market capitalization of ₦6.36 https://t.co/GQzgwguis0

CBN promises to sustain monetary, financial system stability

The Central Bank of Nigeria reaffirmed its commitment to maintaining monetary and financial system stability, supporting price stability and economic growth. The policy stance is relevant to Nigerian Exchange participants because central-bank stability measures can influence financial conditions and the operating environment for listed companies.

Ahead 2027 FATF Review, Fagbemi Tasks Agencies on Collaboration, Professionalism

Nigeria’s Attorney-General, Lateef Fagbemi, urged relevant agencies to improve collaboration and professionalism ahead of the 2027 FATF review. Officials said Nigeria’s performance could influence investor confidence, while the NFIU stressed that financial intelligence must support investigations and prosecutions to achieve effective outcomes.

These four names form the core of my long-term holdings on the NGX.

1. Aradel
• Production continues to rise
• Refining contribution is growing
• Earnings expanding aggressively
• Stock has more than doubled year to date

2. MTN Nigeria
• H1 service revenue hit ₦3 https://t.co/Ac80aZWlGR

Research Insight #5 | Capital Allocation

After analyzing Seplat Energy H1 2026 results, management's capital allocation strategy became clearer.

The planned sale of a 10% interest in SEPNU is designed to recycle capital, reduce debt, and strengthen shareholder returns rather

Tinubu’s reforms laying foundation for $1trn economy — APC chairman

The APC national chairman said President Bola Tinubu’s economic reforms are restoring investor confidence, stimulating growth and creating a foundation for Nigeria to pursue a $1 trillion economy. The comments present a broad assessment of reform-related macroeconomic developments without identifying specific listed companies, sectors or market data.

Research Insight #3 | Regulation

After analyzing Seplat Energy H1 2026 results, policy played a larger role than many investors may appreciate.

The transition of eligible assets to the Petroleum Industry Act fiscal regime reduced the royalty and tax burden, providing a

$PZ fell 9.9% to 74.75 NGN with a 296,758M market cap. That’s a very expensive way to have a bad day. #NGX #AfricanMarkets

Research Insight #2 | Operational Performance

After analyzing Seplat Energy H1 2026 results, one operational trend deserves attention:

Production disruptions at the Yoho platform and the Trans Forcados Pipelin, increased unit operating costs, partially offsetting the benefit of

FG: Nigeria Now Expo to deepen solid minerals investment

The Federal Government expects the Nigeria NOW! Global Investors Expo 2026 to attract fresh investment into Nigeria’s solid minerals sector. The initiative is positioned as part of broader economic diversification efforts and may increase attention toward the country’s natural-resources industry.

Nigerian Universities To Benefit From $500m Solar Power Investment

Nigerian universities may benefit from a proposed $500 million investment in solar power projects. The funding plan was announced in Abuja during the launch of the Tinubu Light Initiative, organised by the National Board for Technology Incubation under the Federal Ministry of Innovation, Science and Technology.

UZEE STOCKS UPDATE LTD

🏗️ Dangote Cement Plc (NGX: DANGCEM)

Bulls 🐂 vs Bears 🐻

F·Q·V·D·M Framework

(Fundamentals • Quality • Valuation • Dividend • Momentum)

Question: Is Dangote Cement still a great long-term investment, or has the easy money already been made?

🐂

SEC launches nationwide drive to recover unclaimed dividends

The Securities and Exchange Commission has launched a nationwide awareness campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments. The initiative, introduced in Abuja, aims to reduce dormant assets and improve investor protection within Nigeria’s capital market.

UZEE STOCKS UPDATE LTD

🏗️ Dangote Cement Plc (NGX: DANGCEM)

Bulls 🐂 vs Bears 🐻

F·Q·V·D·M Framework

(Fundamentals • Quality • Valuation • Dividend • Momentum)

Question: Is Dangote Cement still a great long-term investment, or has the easy money already been made?

🐂

NGX Group: Dangote Refinery’s IPO will Be Game Changer . Ndubuisi Francis in Abuja  Chairman of the Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has stated that the impending Initial Public Offering (IPO) of Dangote Refinery will be a game https://t.co/MZFt38mX6V https://t.co/aadqvpfhA4

NGX Group: Dangote Refinery’s IPO will Be Game Changer - https://t.co/O0u8kmhoLF

SEC intensifies efforts to curb unclaimed funds, strengthen investor protection

The Securities and Exchange Commission is intensifying measures to reduce unclaimed funds and dormant investment assets while strengthening investor protection. The initiative is relevant to participants in Nigeria's capital market, including investors holding listed equities, although no specific company or stock is identified in the available text.