The Market Pulse

Airtel Africa Advances Share Buyback Plan with Purchase of 800,000 Shares

Dual-listed telecommunications giant Airtel Africa plc has notified the Nigerian Exchange See (NGX) and the London Stock Exchange (LSE) of its latest share buyback transactions.

https://t.co/VSBRgqmZzY https://t.co/Yt3TZis9rB

Dangote Refinery is targeting ~USD 5B in what could become Africa's largest-ever IPO, with the 650,000 bpd refinery valued at ~USD40B and proceeds earmarked for capacity expansion and a planned refinery in Kenya.

Capital markets in Kenya, South Africa, Egypt, Ghana and Rwanda https://t.co/RnOq4V0S0V

Ava Capital Positions For Long-Term Investor Value After NGX Listing: Ava Capital Plc has assured investors that its recent listing on the Main Board of the Nigerian Exchange (NGX) is designed to strengthen long-term shareholder value, improve corporate… https://t.co/GTguNHoLSF

Oil and Gas: Industry leaders back reforms, local content

Oil and gas industry leaders expressed support for reforms and stronger local-content implementation during a Society of Petroleum Engineers conference panel in Lagos. The discussion is relevant to Nigerian equities because policy and operating conditions in the sector may affect listed oil and gas companies.

#DividendAlert

NIGERIAN EXCHANGE GROUP [ @ngxgroup ] Dividend Alert
₦1.30/share
Interim Dividend
Key Dates:
Qualification: Wed, July 29
Register Closes: Thu, July 30
Payment: Wed, Aug 5

#DividendWatch #NGXGroup #NigeriaEquities

Leadway PFA emerges as N3tn pension giant after consolidation

Leadway Holdings has unveiled Leadway PFA following the operational integration of Leadway Pensure and PAL Pensions. The combined pension business is described as managing assets of about N3 trillion, marking a significant development in Nigeria’s pension and broader financial-services industry.

@whyemmyy That would need quite a discount... FCMB would need another 11% lower, while MTNN would need roughly 17% from current levels to get there.

Nigeria could hit $1 trillion without making Nigerians richer

The commentary examines how Nigeria could reach a $1 trillion economic size without delivering significant improvements in living standards. It focuses on the distinction between aggregate economic growth and household prosperity, offering a macroeconomic perspective relevant to assessing the broader environment for Nigerian listed companies.

Delta State unveils roadmap to unlock 3,000MW potential

Delta State has unveiled plans to unlock nearly 3,000MW of installed electricity-generation capacity, alongside proposals for a state electricity regulatory commission and rural electrification agency. Transcorp and other investors reportedly pledged investment, linking the development to Nigeria’s listed conglomerates and utilities-related market activity.

@stockbubblesNG i need fcmb at 10 and mtn at 700🙃

@Nairametrics NNPC should be listed on ngx.

Listed for the benefit of all Nigerians.

It’s getting boring again on the NGX-

Keep a cool head, load up on your holdings when a discount surfaces- again, keep a cool head.

@uncle_zubby its easy. on your stanbic portal, you can apply for benefit
you get 25% of your pension.

Na once in a lifetime privilege so if you use it now, you cant use it again

FirstHoldCo, one year ago vs today.

Invest ₦1,000,000 twelve months back.

Today: ₦3,988,095.

That's +298.81%.

Almost 4x, in one year, from one NGX stock.

Past performance. Not a promise. Not financial advice.

Would you have held it the whole way, or sold at the first big https://t.co/9ubKrFzZRn

🚀💰 JAPAULGOLD is recording its highest single-session trading volume.

Despite trading 2.90% lower at ₦3.01, the stock has already exchanged a record 901.06M shares worth ₦2.71B, the highest turnover on the NGX today.

Volume is running at roughly 16× its 30-day average, https://t.co/Q5xwRQbJoO

@MrRandomGuyTv NGX market is fatigued.
No fresh funds.
You will have to sell something to get something.

🚀💰 JAPAULGOLD is recording its highest single-session trading volume on record so far.

Despite trading 2.90% lower at ₦3.01, the stock has already exchanged a record 901.06M shares worth ₦2.71B, the highest turnover on the NGX today.

Volume is running at roughly 16× its https://t.co/9irRIBVLxr

@donpaka Stanbic cash trust fund.

🐋 Whale Watch: Massive block trade on #JAPAULGOLD
🔴 Action: SELL
💰 Total Value: ₦301.0M (100.00M shares @ ₦3.01)
⏰ Time: 14:49 WAT
See where the smart money is moving next:
🔗 https://t.co/cFVHdSWDuD #NGX

@ngxgrp GTCo is yet to notify on the outcome of its BM held on July 28 as stated in this notice. Just for the records. https://t.co/VvyyOtCKIm