The federal government and IFAD provided farm inputs valued at N373,000 each to 476 farmers in Taraba State under the Value Chain Development Programme. The initiative aims to strengthen food production and food security, with potential relevance to Nigeria’s listed agriculture sector.
INDEX MOVEMENT
The NGX All-Share Index and total Market Capitalization fell by 0.84% and 0.79%, closing the week at 245,283.68 points and ₦158.326 trillion, respectively. Most other indices also ended the week lower, with the exception of the NGX Premium, NGX Insurance, and NGX https://t.co/vogO8WtyHS
Minister of Marine and Blue Economy Adegboyega Oyetola said Nigeria's ports should be treated as strategic national assets rather than solely ship berthing locations. He stated that improved port development could support industrialisation, attract investment and accelerate economic growth, creating a potential macroeconomic relevance for listed services and logistics companies.
VFD Group reported a twofold increase in half-year profit, with revenue rising to N53.7 billion from N41.2 billion a year earlier. The company attributed much of the revenue growth to investment income, which increased by 102.8 per cent during the period.
The Federal Government has launched the National Grassroots Liquefied Petroleum Gas Penetration Programme in Bayelsa State. Implemented under the Decade of Gas Initiative, it targets access to clean cooking energy for five million Nigerian households by 2030, with an annual goal of one million households.
Manufacturers in Nigeria’s South-East are reportedly operating below 30% capacity because of high electricity costs. The Manufacturers Association of Nigeria is seeking urgent intervention, highlighting operating-cost pressures that could affect production, profitability and investment conditions for listed companies in the industrial goods sector.
Nigeria faces an estimated shortfall of approximately 20 million homes, and the article examines how housing policy and construction activity could influence the country’s broader economic development. The topic is relevant to NGX users because housing demand and delivery may affect listed construction and real estate sectors.
FirstBank of Nigeria Limited says Nigeria’s economy has entered a new phase in which priorities should extend beyond restoring macroeconomic stability. The bank argues that improving living standards will require broader economic progress, although the available text does not specify particular policies, companies, or market actions.
I have decided to open up multiple spreadsheets for interesting companies on the NGX, where I track their revenue, earnings, ratios, and other important metrics over time
I will be sharing any insights I get as I go along
This is according to the audited 2025 financial year results recently released on the NGX.
However, a review of the audited financial statements shows that the headline profit growth was largely influenced by N610.29 billion; 73.1% of the reported pre-tax profit.