The Market Pulse

@willianmikky @ejirogh3ne @eddy_the_farmer @Oladayo_Adenubi IOCS pays that, but Seplat is around 3 or 4m per month

Heatwaves Threaten Nigeria’s Food Security, Economy, Climatology Professor Warns

A climatology professor at Adekunle Ajasin University has warned that intensifying heatwaves pose risks to Nigeria’s food security, public health and economy. The professor urged governments to adopt innovative climate adaptation measures and invest in sustainable strategies to address the potential effects.

Nigerian equities shed N599 billion as Nestlé, First HoldCo drag market lower

The Nigerian equities market reversed Monday’s gains on Tuesday as investors booked profits in First HoldCo and GTCO.

https://t.co/VSBRgqmZzY

#Stockertim #StockertimGateway #InvestingResearch #NGX https://t.co/nhAFGQt0zF

Energy Firm Strengthens Growth Trajectory With Strong H1 2026 Results

Eterna Plc reported unaudited consolidated results for the second quarter and half-year ended 30 June 2026, recording revenue of ₦217.31 billion, up 38 per cent from ₦157.65 billion. The downstream oil and gas company also reported significant growth in profitability across its operations during the period.

@TomolaGroup @ZedcrestWealth These are giants of the market and dividends’ machines, especially Dangcem in the list. I’m bullish on the three of them.

FG to deploy 3700 towers, roll out 90,000 kilometres of fibre optic in weeks – Tijani

The Federal Government plans to begin deploying 3,700 telecom towers and rolling out 90,000 kilometres of fibre-optic infrastructure in October, according to the Minister of Communications and Digital Economy. The initiative targets expanded telecom access and has a direct sector connection for investors tracking listed Nigerian telecommunications equities.

The Johannesburg Stock Exchange (JSE), Africa’s largest bourse, is bidding to secure a secondary listing of the Dangote Refinery after the company’s planned initial public offering (IPO) on the Nigerian Exchange later this year.

Read the full article here: https://t.co/zzeppdv1Vc

Caverton posts N8.66 billion H1 loss as admin costs surge

Caverton Offshore Support Group Plc reported a pre-tax loss of N8.66 billion for the six months ended June 30, 2026, compared with a N2.07 billion pre-tax profit in the corresponding period of 2025, as administrative costs increased.

Nigeria's Dangote Refinery is preparing for what could become Africa's largest-ever stock market listing, seeking to raise about $5 billion through an initial public offering (IPO) expected to conclude in October.
#AfricanMarkets #NGX #BuildWealth https://t.co/SVYXzYtEoJ

WHAT’S NEW: 5 Trending Technology Stories In Nigeria Today

Dimension Data has raised ₦4.05 billion in the first tranche of a bond programme to expand its fibre-optic network in Nigeria. The development relates to national digital infrastructure and the broader ICT and telecommunications sector represented in the Nigerian equity market.

SEC Approves Magen Doxa Umerim Capital as Fund, Portfolio Manager

Magen Doxa Umerim Capital Limited has received approval from Nigeria’s Securities and Exchange Commission to operate as a fund and portfolio manager. The development expands the firm’s permitted activities within the Nigerian capital market, although no specific NGX-listed company or stock action is identified.

Ellah Lakes narrows H1 loss as revenue jumps 264%

Ellah Lakes Plc reported an operating loss of N782.63 million for the six months ended June 30, 2026, narrowing from the N3.84 billion operating loss recorded in the 17-month audited period ended December 31, 2025. The company’s revenue increased 264% during the period.

AVA Capital listed at N8.25 on July 31.
It is trading at N10.60 this morning. That is +28.48% in one week.

Revenue 4.4x. Profit 9.2x. A+ credit rating.

The market has been agreeing ever since.
Volume is still 92% below 30-day average. The institutional money has not fully https://t.co/1SVvxXanhn

Coronation insurance and coronation life assurance meet niira 2025 minimum capital requirements following successful ₦9.2 billion capital raise

Coronation Insurance Plc and Coronation Life Assurance Limited reportedly met the new minimum capital requirements under the Nigerian Insurance Industry Reform Act 2025 after completing a ₦9.2 billion capital raise. The development relates to Nigeria’s insurance-sector recapitalisation and may inform investor monitoring of regulatory compliance among listed insurers.

CBN says naira FX gap falls below 2% as reserves top $52.5 billion

The Central Bank of Nigeria says the gap between the official naira exchange rate and Bureau de Change rates has fallen below 2%, while external reserves have risen above $52.5 billion. The developments follow ongoing monetary and foreign exchange reforms and are relevant to NGX macroeconomic monitoring.

BREAKING: Dangote Refinery targets $5B in Africa's largest IPO! Listing on NGX this October. Major boost for #AfricanMarkets & #WealthBuilding. Get the full scoop. https://t.co/JoBEegEDSU

Tinubu Approves 80% Pay Rise for Nigerian Soldiers

President Bola Tinubu has approved revised remuneration for Nigeria’s armed forces, with junior personnel receiving increases of up to 80 percent. The new pay structure is scheduled to take effect on September 1, 2026, as the government seeks to improve troop welfare amid ongoing security challenges.

Get Ready!

Nigerian Exchange Group Plc will pay a ₦1.30 dividend per share by the close of business on today, 5th August, 2026, to shareholders whose names appeared on the company's register of members on or before 29th July, 2026.

Congratulations to all Nigerian Exchange

Most people don't lose money in the stock market because they picked the wrong stock.
They lose money because nobody explains when to sell, when to hold, and why.
That's the gap we're closing.
🔒 UZEE Premium Telegram — Daily & Weekly NGX Market Commentary
✅ Educational

Most people don't lose money in the stock market because they picked the wrong stock.
They lose money because nobody explains when to sell, when to hold, and why.
That's the gap we're closing.
🔒 UZEE Premium Telegram — Daily & Weekly NGX Market Commentary
✅ Educational