The Market Pulse

🚨 AIICO investors, look beyond the stock price.
The company just delivered an interesting Q2 2026 report:
📈 EPS increased
📈 Net profit jumped 25%
📈 Profit margin improved significantly
But…
📉 Revenue fell 43%.
This is why investing requires deeper thinking.
A rising share

LivingTrust Mortgage Bank’s profit crashes 76% despite stronger deposits

LivingTrust Mortgage Bank reported unaudited profit before tax of N133.33 million for the six months ended June 30, 2026. The result represents a 76% decline in profit despite stronger deposits during the period.

Beta Glass H1 Profit Falls 13.6% to N16.16 Billion as Finance Costs Rise

Beta Glass Plc reported a 13.6% decline in profit after tax to N16.16 billion for the first half of 2026. Revenue rose 1.9%, but higher production and financing costs weighed on earnings, according to the company’s unaudited financial statements for the six months ended June 30.

Hope rises as Ab⁠a Power re⁠por⁠ts pro⁠gress on gas supply restoration

Aba Power Electric Limited says it has made significant progress toward restoring electricity supply after gas-related disruption. The company assured customers that power recovery efforts are advancing, although the report does not identify any directly affected NGX-listed company or provide market, earnings, or valuation details.

Nigerian Stocks Deliver Triple-Digit Returns in July

Nigeria's equities market delivered exceptional returns in July, with The Initiates Plc (TIP) emerging as the best-performing stock, gaining 116.9%, while Academy Press Plc followed closely with a 101.6% return. Other notable https://t.co/Jo0D6HNzVL

Dangote Sugar Returns to Profit With N41.51 Billion H1 Earnings

Dangote Sugar Refinery returned to profitability in the first half of 2026, recording N41.51 billion in profit after tax compared with a N24.27 billion loss in the corresponding period of 2025. Improved margins and lower finance costs offset a decline in revenue during the period.

NAICOM clears 43 insurers after recapitalisation, fate of eight still uncertain

NAICOM says 43 insurance and reinsurance companies have satisfied new minimum capital requirements under the Nigerian Insurance Industry Reform Act 2025. The regulator is still assessing the position of eight other companies following completion of the insurance sector recapitalisation exercise.

NGX Events this week

Mon - RC Investment Mgt to start their sale of Firstholdco shares at 15% discount 😲
FCMB Group H1 earnings call

Wed- DangCem, Bua Foods H1 call

Thurs - FidelityBk Board meeting, no date for AGM yet https://t.co/tSHkaZd7G5

MTN Nigeria H1 Profit Jumps 71% to N707.5 Billion, Revenue Hits N3 Trillion

MTN Nigeria Communications Plc reported a 70.6% year-on-year increase in first-half 2026 profit after tax to N707.5 billion. Service revenue rose 25.9% to support total revenue of approximately N3 trillion, reflecting continued demand for data and telecommunications services.

NGX Weekly Market Overview📈

As the new week begins, the NGX All-Share Index closed July at ~245,284 points with market cap at ₦158.3T, posting strong YTD gains of over 57%. July delivered solid monthly advances, led by banking stocks amid recapitalization and robust earnings. https://t.co/M6TVpklqjI

Oando Posts N68.56 Billion H1 Profit as Revenue Rises to N2.06 Trillion

Oando Plc reported unaudited profit after tax of N68.56 billion for the six months ended June 30, 2026, up 8.3 percent from N63.31 billion. Revenue rose to N2.06 trillion, while the company attributed the earnings improvement to higher revenue and stronger operating performance.

30 years of safeguarding assets and deepening Nigeria's capital markets!

@StanbicIBTC Nominees marked three decades of custody services at the Nigerian Exchange Limited (NGX) Closing Gong ceremony.

Read the key insights via @techeconomy:
https://t.co/pRkdmERcuC

Market opens 🔔

Let’s go get it Ginika!

#NGX

The Nigerian Exchange (NGX) closed slightly lower as profit-taking dragged the benchmark index marginally down to end the week

Market breadth was fairly balanced, edging slightly negative with 33 gainers against 29 losers.

https://t.co/VSBRgqmZzY

#Stockertim #InvestingResearch https://t.co/FqQNSYy8dk

NGX:

They are several opinions right now on what the NGX path may be- some sects have been overly pessimistic on the short term, citing Dangote refinery listing, election liquidity and of course Iran war contribute-inflation as a major factor that will derail any progress NGX

@ThatJuDaH They need to compel all these giant fintech companies to list on Ngx.
I absolutely support what you say

Kyambogo University Convocation Chairperson, Hon. Mbogo Kenneth, paid a courtesy visit to the Stanbic Bank Kyambogo University Branch, where he was received by Branch Manager Ms. Irene Rutahigwa and her team.
#kyambogoUniversity #convocation #stanbicBankuganda https://t.co/5vDPNK0XHS

@kwasuconnecttv @NELFUND @KwasuOfficial Ehn ehn
FCMB user Neva see anything ooo

@iamwalebanks Still have strong conviction on Accesscrop and FCMB , good morning bro !

@DeMan_S_K_D Have been dropping the account details sinceee
2292959514
Uba