The Market Pulse

“FCMB turned their own to ambassador”

And so what?

AVA Capital will be listing today on the NGX with 5 billion shares at ₦7.5

@LeslyJohn7 Let turn it up a notch.
MTN NG, MultiChoice(DStv,GOtv), Stanbic IBTC, SanlamAllianz, Protea Hotels, Shoprite, PEP, Game, Vodacom Business, South African Airways, SABMiller are all SA companies and should leave naija.

Stop using them let's see who wins xeno 2.6
#naijareloded 😂

This company will be listing by introduction on NGX today and their listing price is 7.5 naira with a MC of 37.5b
@compoundinnaira are you paying attention to this company? https://t.co/rtTgVkmjFg

@sarnchos But, banks are the ones that are not even taking much risks to lend to SMEs. Only a few banks are doing it-Access Bank does this with women- (W-Power loand) train them, design loans tailored made-that considers Turnover as a metric to judge their viability as opposed to

May & Baker’s half-year pre-tax profit jumps 51% to N4.85bn on cost control

May & Baker reported a pre-tax profit of N4.85 billion for the first half of the year, representing a 51 percent increase driven by effective cost control measures.

MTN Profit Rises 75.4% to N1.09trn as Data Demand Defies Economic Pressure

MTN Nigeria reported a significant increase in profit after tax for the first half of the year, driven by higher demand for data services and subscriber growth despite challenging economic conditions affecting consumers and businesses.

@Officially_Kriz Also check the site below to see dividend history of some prominent NGX companies over the years 😎👇
https://t.co/dNBgtsUNlw

Access Bank Debunks Fake Shutdown Notice Circulating On Social Media

Access Bank Plc has dismissed a false shutdown notice circulating across social media and WhatsApp platforms. Management assured customers, partners, and stakeholders that the financial institution remains secure, financially robust, and fully operational across all of its subsidiaries.

Presco Posts N122.2bn Pre-tax Profit, Declares N10 Interim Dividend In H1

Presco Plc reported a profit before tax of N122.2 billion for the half-year ended June 30, 2026, alongside an interim dividend of N10 per ordinary share. The financial results released on the Nigerian Exchange indicate profit growth driven by reduced finance costs.

FG Reaffirms Support For Climate-smart Livestock Development

The federal government has reaffirmed its commitment to attracting climate finance for Nigeria through regional collaboration on climate-smart livestock development. The Ministry of Livestock Development highlighted these goals during a workshop on climate finance.

Aradel has started paying its 2025 final dividend of ₦23/share, bringing the total dividend to ₦33/share. Payments are hitting bank accounts after the July 30 AGM, and many retail investors are already reinvesting for compounding. Are you compounding? #NGX #Dividends #Investing

This is not an IPO. It's a listing by introduction.

What does that mean?

No new shares are being sold and no fresh capital is being raised. Existing shares just become available to trade publicly on the NGX.

There's a new stock on the block.

AVA Capital Plc is listing on the Nigerian Exchange (NGX) today.

5 billion existing shares. ₦7.50 per share.

Africa must stop exporting raw materials, says AfCFTA

The African Continental Free Trade Area coordinator urges African nations to halt raw material exports and prioritize value addition to drive industrialisation and economic growth across the continent, potentially impacting regional manufacturing and trade sectors.

@avacapitalplc debuts at the NGX
AVA Capital Plc will be admitted to the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on July 31, 2026.

https://t.co/gpWL8rp78n

NNPC Posts N535bn Profits for June, as Petrol Station Availability Drops to 53%

The Nigerian National Petroleum Company Limited reported a profit after tax of N535 billion for June 2026, marking a 15.8 percent increase compared to the previous month. Total revenue for the period reached N4.389 trillion, while petrol station availability declined to 53 percent according to the company's financial report.

Another reminder that quality businesses reward patient investors.

MTN Nigeria has announced an interim dividend of ₦26.00 per 2 kobo ordinary share, payable to shareholders whose names are on the register at the close of business on 20 August 2026.

This is more than just a

Meet Anderline Ndidi Dukor, set to lead N224.8bn MeCure Industries

Anderline Ndidi Dukor is set to assume leadership as the sole chief executive officer of MeCure Industries Plc starting August 1, marking a significant management transition for the listed healthcare company.

The initiate Plc(TIP) on the pay of interim dividend, it is getting more interesting in this space.

#stockmarket #ngx #investing