The Market Pulse

EFCC asks First Bank to freeze Osun govt account

The Economic and Financial Crimes Commission has asked First Bank to freeze the Osun State Government’s account. Osun Governor Ademola Adeleke said the instruction was issued without a court order and criticised the action at a press conference in Osogbo.

🐋 Whale Watch: Massive block trade on #FCMB
🔴 Action: SELL
💰 Total Value: ₦2.76B (251.00M shares @ ₦11)
⏰ Time: 15:16 WAT
See where the smart money is moving next:
🔗 https://t.co/cFVHdSWDuD #NGX

interest arrears and lifting cash reserves to ₦544.9 billion. To work down the remaining debt burden, the company is pushing forward a ₦200 billion Rights Issue currently under SEC and NGX review, alongside a $1.5 billion multi-instrument issuance programme

@_The_VALOR 2862117015 FCMB

@UBACares UBA Mobile App is not working since yesterday on my phone are you guys running a maintenance or what kindly update thank you

Uba what's going on. Don't let me wash plate 😭

CBN: Nigeria’s Domestic Economy Expanded by 3.87% in 2025

The Central Bank of Nigeria reported that Nigeria’s domestic economy expanded by 3.87% in 2025, up from 3.38% in 2024. The update provides macroeconomic context for investors tracking Nigerian Exchange equities, although the report does not identify specific companies, sectors, or market reactions.

Beta Glass appoints Boye Olusanya as board chairman

Beta Glass has appointed Boye Olusanya as chairman of its board. The company also recognised Ezinwa for contributions and strategic guidance during his tenure. The leadership change is relevant to investors tracking the company and Nigeria’s listed industrial goods sector.

Stanbic Bank’s mobile banking this week has been in a mess. Even today it’s off.

@jideflash They already said so, check ngx website to see for yourself.

@Praisemetax @ZenithBank what are the rewards like?

@CrooksVeronica @ZenithBank thank you for the prompt response.let me try

Hiring.

UBA is currently hiring Relationship Manager in Lagos Head office.

Grade:ET-BO.

Attached is the email address. https://t.co/NHtB6h1ZhD

Customs, Shipping Lines Begin e-Manifest Submission As Single Window Implementation Deepens

The Nigeria Customs Service and National Single Window Secretariat have begun electronic submission of maritime manifests by shipping lines. The rollout is part of efforts to modernise trade administration and could influence customs processing, import-related costs and operational conditions for businesses involved in commerce and logistics.

@ChiefOdogwu_ 0538384017 fcmb

Are you building innovative tech solutions in agriculture or healthcare?

The latest Capital and Capacity guide features major equity free grants including a $500,000 opportunity from the Gates Foundation and a N20 million venture pool from FCMB. Discover how to position your https://t.co/GeAD8rPjXr

🐳 Orca Watch on #CHAMPION
🟢 Action: BUY
💰 Block trade: ₦105.0M
📊 Size: 10.00M @ ₦10.5
⏰ 14:51 WAT
🔗 https://t.co/cFVHdSWDuD #NGX

A few weeks ago, I shared how I decided to invest ₦50,000 in NGX Group shares instead of spending the money because I knew I wouldn’t need it anytime soon. Some people understood the message, while others probably thought, “It’s just ₦50,000.”

Well…

Today, that same https://t.co/VTwQpTrOsh

I hear the Nigerian stock market is one of the strongest in the world right now.

If you ranked Nigerian companies by how commonly they appear in institutional portfolios, a list might look something like:

1. Guaranty Trust Holding Company
2. Zenith Bank
3. MTN Nigeria
4.

EFCC Has Frozen Osun State Government Account – Governor Adeleke

Osun State Governor Ademola Adeleke said the state government’s account had been frozen following an EFCC request conveyed through First Bank. The report concerns a regulatory action involving a banking institution associated with listed FBN Holdings, although it provides no details on financial impact or market consequences.