The Market Pulse

Resident doctors issue final deadline, threaten nationwide strike from Aug 10

The Nigerian Association of Resident Doctors has issued a final deadline and threatened to commence a nationwide strike on August 10 if the Federal Government fails to resolve its outstanding demands.

Naira flat as reserves cool by $120m in five days

The naira remained largely stable against the US dollar in the official foreign exchange market as Nigeria's external reserves experienced a decline over a five-day period, reflecting ongoing liquidity dynamics within the domestic currency market.

Lagos generates 69% of ₦1.69 trillion revenue from IGR, spends 91% in first half of 2026

Lagos State generated 1.69 trillion naira in revenue over six months, with internally generated revenue accounting for 69 percent of the total. The state government spent over 91 percent of the collected funds during the period, directing capital funding across infrastructure, health, education, and environmental sectors.

MARKET BULLETIN

31 July 2026 NGXREG/IRD/MB83/26/7/31

AVA Capital Plc: Listing of AVA Capital Plc’s 5,000,000,000 Ordinary Shares of N1.00 each at N7.50 Per Share on the Main Board of Nigerian Exchange Limited

When Femi Otedola became FirstHoldCo's largest shareholder, investors weren't just buying a stock, they were buying a new story.

Since then:
• ₦5.38T market cap
• Largest banking stock on the NGX
• Q1 2026 profit: ₦267.8B (+56.5% YoY)

Bullish or fully valued? https://t.co/ykONO0AZds

FCCPC Seeks Unified Regulatory Framework To Strengthen Consumer Protection In Power Sector

The Federal Competition and Consumer Protection Commission is calling for enhanced institutional collaboration among electricity regulators to ensure consistent consumer protection and effective implementation of the Electricity Act across the power market.

She’s in corporate bank, of course she’ll open account now, doesn’t mean she’s still with FCMB https://t.co/SXp0NFKV8A

It’s simple- if you have not been receiving dividends lately on that NGX portfolio of yours especially recently, you need a public opinion hearing on the caliber of stocks you have there Segun.

Show us don’t be shy-

9’ minutes to market official open-

Check the fundamentals of that NGX stock here before you Buy o 😎👇
https://t.co/dNBgtsUNlw

@Iam_Misola @DEUXSVELTE FCMB saw a marketing opportunity. Love it for them

Yes MTNN gets all the hype but my God have you seen VITAFOAM Q2 ✅?

@Iam_Misola People sleep on FCMB. Very solid bank.

BREAKING🚨🚨🚨
@MTNNG Nigeria hits N1.09 trillion H1 2026 profit, up 75.4%

MTN Nigeria Communications Plc has hit record N1.09 trillion profit before tax of for the first half of 2026, representing a 75.4% year-on-year increase, its highest half year performance driven by

@DerinFgs @Badtygas @wunmi_akins1 Nigerians don’t need to boycott DSTV , stanbic or MTN .. they simply need to nationalize them. Turn over their assets to Nigerian control and chase the foreigners out. The market is already there.

🧵 UZEE STOCKS UPDATE LTD | Weekly Market Wrap-Up

3 Things That Moved the Market This Week

The stock market doesn't move randomly. Behind every rally or sell-off is a story. Here's what investors should know:

1️⃣ Strong Corporate Earnings Drove Investor Confidence 📈

This

Gov. Uba Sani, Umahi Meet Ahead of Flag-Off for 122km Mando–Birnin Gwari Road Reconstruction

Kaduna State Governor, Senator Uba Sani, met with the Minister of Works, Senator David Umahi, and the Minister of State for Works, Rt. Hon. Bello Muhammad Goronyo, ahead of the flag-off https://t.co/Edh01qG9y0

🧵 UZEE STOCKS UPDATE LTD | Weekly Market Wrap-Up

3 Things That Moved the Market This Week

The stock market doesn't move randomly. Behind every rally or sell-off is a story. Here's what investors should know:

1️⃣ Strong Corporate Earnings Drove Investor Confidence 📈

This

@MudiTheInvestor The NGX stocks are moving on a fast pace and I like it

You can own Apple and the world's biggest companies from your phone.

Own US and Nigerian stocks on Hisa today. https://t.co/VI8yA76DtY

Na now she dey react over what happened since 2024 but na she get sense pass, abi?

Where was Natasha when Adams Oshiomole spoke since that Nigeria govt should take actions against South African companies like MTN, Stanbic &others doing business here? Were you not aware? 😅😅 https://t.co/DaNPvzyyZp