Our August earnings coverage begins.These are the expected reporting dates for the NGX-listed companies currently covered by the Apex Invest Research Desk.Each release will be followed by our independent analysis highlighting what matters most for investors. https://t.co/bJcGIRjMJi
The Market Pulse
Nigerian market news and social signals.
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A ₦30 Trillion Giant Awakens: Unlocking Nigeria’s Livestock Potential
Nigeria’s livestock sector is valued at approximately ₦30 trillion but contributes less than three percent to national GDP, according to the article. It highlights the sector’s underperformance and development potential, providing broader context for investors tracking agriculture-related activity and listed companies.
IMF says governments are squeezing savers as debt piles up
The IMF says financial repression has risen to its highest levels in decades as heavily indebted governments face fewer policy options. The report highlights increasing pressure on savers, a development relevant to Nigerian investors because changes in interest rates, savings incentives and liquidity can influence equities and financial-sector conditions.
@TomolaGroup In a market this concentrated, what do you think investors should watch alongside the NGX All-Share Index to understand whether the rally is genuinely broad-based: market breadth, trading volume, sector earnings or new listings?
VFD Group Doubles H1 Profit to N10.06bn, Declares Dividend
VFD Group Plc reported a 100.8 percent increase in first-half 2026 profit after tax to N10.06 billion and declared a dividend. The update covers the company’s earnings performance and shareholder distribution, making it relevant to investors tracking the Nigerian Exchange.
PRESS RELEASE: VFD Group delivers 100.8% growth in H1 profit after tax, approves 24 kobo interim dividendVFD Group Plc (“VFD” or “the Group”), a leading principal investment company listed on the Nigerian Exchange Limited (NGX), has released its unaudited consolidated and https://t.co/QWa1uLfEMo
NRS begins enforcement as e-invoicing compliance deadline lapses
The Nigeria Revenue Service has begun enforcing electronic invoicing requirements after the July 31 compliance deadline expired. Large taxpayers that did not migrate to the platform may face regulatory consequences, potentially affecting operating processes and compliance costs for companies listed on the Nigerian Exchange.
Building Homes or Building Economy? Why Nigeria’s housing strategy will determine the path to US$1 trillion economy
The analysis examines how housing development could support Nigeria’s industrialisation, employment and wealth creation goals as the country pursues a US$1 trillion economy. Its focus has potential relevance for NGX-listed construction, real estate and building-materials businesses, although it does not identify specific companies or announce a new policy.
Energy Consultants Demand Bayo Ojulari’s Resignation Over Security Spendings
Energy consultants have called for NNPCL Group Chief Executive Officer Bayo Ojulari’s resignation, citing concerns over security spending and alleging that the company has reintroduced fuel subsidy through indirect means. The development relates to Nigeria’s oil and gas policy environment, which can influence sector sentiment and listed energy companies.
Fidson dominates Nigeria’s Pharma sector first-quarter 2026
Fidson is described as dominating Nigeria’s pharmaceutical sector in the first quarter of 2026. The report links rising medicine demand to population growth, urbanisation and greater healthcare awareness, providing sector context for investors tracking the company.
CBN mops up N7.2 trillion in July, but quietly changes its playbook
The Central Bank of Nigeria sterilized N7.18 trillion from the financial system through Open Market Operations in July, down 48.57% from N13.96 trillion in June. The reported change in OMO activity is relevant to liquidity conditions and the broader Nigerian equities market.
Cardinal Touch expands into cashew processing with N4.5bn investment
Cardinal Touch Company is investing N4.5 billion to expand from agro-commodity trading into cashew processing. The Nigerian company plans to commission the processing factory in the first quarter of 2027, providing sector-level information relevant to investors tracking agriculture and agro-processing-related NGX equities.
NGX is on a roll and for once it's real. The gains have survived both devaluation and inflation.Jan 2023 to July 2026:NGX: +379%
Inflation: 126%
Naira depreciation: 201% https://t.co/TOneSY5OVO
Most people think ETFs are just one thing.They are not. These are five completely different types, and each one does a different job in your portfolio.Here is the full breakdown, with Nigerian and US examples for each.Type 1: Equity ETFsWhat it does: Tracks a basket of
Preparation creates opportunity. With solid fundamentals driving growth across the market, opportunity favours the prepared. Whether you're a first-time investor or a seasoned player, now is your moment.
#NGX #HelloAugust https://t.co/KIgPjXmuv7
Obviously at least 2 of them I am sure will pay dividends GTCO and Zenith can't say much of Access https://t.co/EIfHQrPXky
So this whale exit liquidity dy sup for NGX too 👀 https://t.co/gctG5nknPk
Nigeria's equities market gained ₦11.11 trillion in July 2026, recovering strongly from June's losses as banking stocks led a broad market rally.The NGX All-Share Index rose 6.92% to 245,283.68 points, while total market capitalisation climbed to ₦158.33 trillion.The
Aradel Holdings Delivers Strong H1 2026 Performance 📊🇳🇬Aradel Holdings Plc has announced a strong first-half 2026 performance, showing significant growth across its energy business.Key highlights:📌 Revenue: ₦2.49 trillion
📌 EBITDA: ₦1.39 trillion
📌 EBITDA Margin:
Weak Demand Hits BUA Foods’ H1 Revenue, but Profit Rises to N292bn https://t.co/VM0qtY1B1e
#BUAFoods
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