The Market Pulse

@ZenithBank Auth is down https://t.co/JFdiNYhjqI

Good afternoon. Our midday coverage of the NGX will be live on youtube by 12.30pm WAT and audio platforms by 12.45pm WAT.

The daily market summary for today will go up by 9.3pm WAT across all greenticker platforms.

@JessyRichard250 Just about 12 units of MTNN-

See liquidity naa 😎

Before you buy you can quickly and easily check its fundamentals here 😎👇
https://t.co/dNBgtsUNlw

TINUBU CREDITS HIS REFORMS FOR NGX COMPANIES' PROFIT SURGE. HERE'S THE WIDE PICTURE

President Tinubu says the strong H1 2026 earnings from NGX-listed companies prove his economic reforms are working. Through his aide Bayo Onanuga, the Presidency points to FX unification, subsidy https://t.co/nUx522mfFI

A $21 million bet on Nigeria’s capital markets just went public. Veteran investment banker Olukayode Fadahunsi, with over two decades of experience, has listed AVA Capital Plc on the Nigerian Exchange with 5 billion shares. The move isn’t about raising fresh capital. It’s about https://t.co/zFj7ejnJOl

Coronation Asset Management opens N20bn infrastructure fund series II offer

Coronation Asset Management Limited has opened the Series II issuance of an infrastructure fund with a target size of up to N20 billion, under its broader N200 billion fund programme. The offer represents a Nigerian investment-market development but does not identify any directly affected NGX-listed company.

Good afternoon. Our midday coverage of the NGX will be live on youtube by 12.30pm WAT and audio platforms by 12.45pm WAT.

The daily market summary for today will go up by 9.3pm WAT across all greenticker platforms.

T

Vitafoam Nigeria’s profit rises by 45% on strong cash flow

Vitafoam Nigeria Plc reported a 45 percent increase in profit after tax to N13.63 billion for the first nine months, attributing the performance to strong cash flow. The earnings update is relevant to investors tracking the company and Nigeria’s listed consumer goods sector.

I wakeup to NGX dividends what about you?

CBN: Loan demand rises as Nigerian banks record fewer defaults in Q2 2026

Corporate and secured loan demand increased in Nigeria during the second quarter of 2026 as banks expanded credit availability. The Central Bank of Nigeria also reported lower default rates across major lending categories, providing sector-level information relevant to investors tracking listed Nigerian banks.

Dividends paid by these companies are
* Aradel: 2.16%
* GTCO: 9.82%
* MTN Nigeria: 3.58%
* Presco: 2.9%

Add up dividends:
2.16% + 9.82% + 3.58% + 2.9%
= 18.46%

Divide by number of companies:
18.46% ÷ 4 = 4.615%

Round up:
= 4.6 https://t.co/pUZeYMCIdY

@JamesAmgba Dividends paid by these companies are
* Aradel: 2.16%
* GTCO: 9.82%
* MTN Nigeria: 3.58%
* Presco: 2.9%

Add up dividends:
2.16% + 9.82% + 3.58% + 2.9%
= 18.46%

Divide by number of companies:
18.46% ÷ 4 = 4.615%

Round up:
= 4.6

Life will be Good if i see TIP @ N25 and GTCO @ N125...

which ever comes first.. I'm waiting.

We've just published our Nigeria Construction & Real Estate Sector Report 2026 — covering all Nigerian Exchange Group (NGX Group)-listed Construction & Real Estate companies across FY2025.

Read the report online - https://t.co/8iobqTb0s7 https://t.co/7Kj2NBSOmz

FirstHoldCo Plc has crossed a N6 trillion market capitalization, becoming the first Nigerian bank in history to reach that mark. The rally pushed the group past Zenith Bank and GTCO to the top of the NGX banking rankings, with those two now sitting at about N4.79 trillion and https://t.co/8IVd81Ibpe

Linkage Assurance: Growing business, but profits slipped in 2025. Bullish; Executing @ ₦1.55, targeting ₦2.55. #NGX #Investing https://t.co/iSk7FrPCDe

NAHCO’s N14.4b first half profit strengthens dividend outlook

NAHCO reported a 22% increase in first-half 2026 profit to N14.4 billion, while revenue reached N35.4 billion for the six-month period. The improved earnings performance is described as strengthening the aviation handling company’s outlook for maintaining robust dividend payouts.

Delta, Bayelsa, Akwa Ibom corner 75% of N321.9 billion Q1 2026 Derivation Funds

Eleven oil-producing states shared N321.90 billion in derivation funds during the first quarter of 2026. Six Niger Delta states received nearly 90% of the allocation, while Delta, Bayelsa and Akwa Ibom accounted for about 75% of the total funds.

💹 NGX Equities Snapshot – August 5, 2026
All-Share Index - 244,912.24 (+0.04%)
Value Traded - N28.7 Billion
Market Deals - 54,098
_
Advancers/Decliners - 25 to 33
Unchanged - 89
_
Volume of Shares Traded - 823.97 Billion
Total Equity Market Cap - N158.09 Trillion

PMI: Agriculture records 24th consecutive month of growth as private sector expands in July

Nigeria’s private sector expanded in July 2026, with the CBN Purchasing Managers’ Index rising to 51.1 points. Agriculture recorded its 24th consecutive month of growth, while the Services sector also supported the expansion, providing an update on operating conditions relevant to listed-sector investors.