Nigerian market news and social signals.
Market Snack archive11529 stories
5/8/2026
BREAKING: Tinubu Raises Military Salaries | Zenith Bank Data Breach | ₦50K FG Grant Returns | Nigeria NewsYouTube link:
https://t.co/0TW6VcVdxcWelcome to Kokoroko Nigeria News Updates.In today's Nigeria News Update for Wednesday, August 5, 2026, we bring you the https://t.co/gS6mMK8p4q
Companies that will pay dividends this week;NGXGROUP 5 August
MCNICHOLS 6 August
MBENEFIT 6 August#NGX
NGX Group, down to ₦135.50 from my ₦186.93 average.On paper, a great averaging-down opportunity.Cash was ready.Then I looked at the buy wall.
Companies listed on the #NGX should stop using @FirstRegistrarsThey’re truly not customer oriented. For an exchange that wants to do well long term, we should weed off useless registrarscc @SECNigeria @nse_nig
My sister asked me something similar. My response was that she should build at least 10000 units of GTCO or Zenith. Don't buy any other thing till you build that portfolio. https://t.co/xZA3UFJGfs
@FinPlanKaluAja1 Basically, Govt don't need to Borrow. Government knows, and by issuing Coupon Debt-Equity on the NGX would give Power back to the People.Soverign Debt Crises coming anyway by 2028-2029. Govt has Two Choices: Start a War or Issue Coupon Debt-Equity on NGX.CHOOSE your Medicine.
The Nigerian Exchange (NGX) closed softer on Tuesday, August 4, 2026, as profit-taking dragged down the benchmark indeTop Gainers: AVACAP ₦9.95 +9.94%
NREIT ₦113.00 +9.71%
.
https://t.co/VSBRgqmZzY#Stockertim #StockertimGateway #InvestingResearch #NGX #StockMarket https://t.co/0jIUgcFGaA
Dangote Refinery IPO has been postponed to October.They’re now targeting about $5 billion, according to Reuters sources. Prospectus is expected in September, with primary listing on the Nigerian Exchange.The funds will be used to expand the Lagos plant and support plans for a https://t.co/F1mKk112YS
Hmmm I had 40k this morning I’ve spent 40k this morning but I’m still seeing 40k
@wemabank what’s your play ?🤔
Spreadsheet creation still ongoingJust discovered that there is a hospital listed on the NGX - EKOCORPNever heard a whiff about then before now https://t.co/KVNH0E59Tn https://t.co/D2zxRs3rvD
Dangote Refinery is reportedly preparing to raise about $5 billion through an initial public offering targeted for October 2026. If completed, the transaction could become Africa’s largest stock market listing and broaden investor participation in Nigeria’s capital market, although the refinery is not currently represented among the tracked stocks.
NGX Sheds N598bn, Multiverse, LivingTrust Among Losers 📉The Nigerian Exchange lost N598.82bn on Tuesday as the all-share index slipped 0.37%, pulling market cap down to N158.01trn from N158.61trn.Multiverse dropped N2.55, LivingTrust fell N0.38.Only 53,853 deals were
Today's indicative rates from the Stanbic Bank Global Markets team #Forex #ForexMarkets https://t.co/gxoQL9hn4w
Dangote Refinery IPO has been postponed to October.They’re now targeting about $5 billion, according to Reuters sources. Prospectus is expected in September, with primary listing on the Nigerian Exchange.The funds will be used to expand the Lagos plant and support plans for a
NITDA has signed regulatory documents supporting Nigeria’s National Sovereign Cloud Initiative. The framework is intended to strengthen sovereign cloud infrastructure and encourage investment in artificial intelligence and data centres, creating a regulatory development relevant to Nigeria’s ICT ecosystem and listed technology-sector participants.
The parallel-market dollar rate rose on Wednesday, August 5, 2026, with the US dollar quoted at ₦1,410 buying and ₦1,420 selling across Bureau De Change markets. The report highlights continued foreign-exchange market movements relevant to Nigerian equities and investor monitoring.
@Chinedulucky8 @wemabank @alat_ng Thank you @Chinedulucky8 We're excited for what's to come
NGX dividend hit my AZA this morning.
Don't sleep on Stocks
Small but mighty https://t.co/AQhafiDZeg
☀️ NGX Morning — Wed, 5 Aug
📊 Yesterday's market
↑ 23 stocks closed higher
↓ 38 closed lower
📊 Aviation led the gains
🎯 Today's Top Buys
🟢 FCMB · 67.8 · ₦11.25 · 90D -6%
🟢 UCAP · 64.9 · ₦18.00 · 90D -12%
🟢 FIDELITYBK · 59.8 · ₦21.80 · 90D -5%
VFD Group Plc reported a 100.8% year-on-year increase in first-half 2026 profit after tax to N10.06 billion, supported by higher investment income and improved operating leverage. Gross earnings reached N53.71 billion, while the company declared an interim dividend of 24 kobo per share.
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