Nigerian market news and social signals.
Market Snack archive11620 stories
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@YoriOlajide No, I don’t have that too.
I do have gtco, mtn and so.
MeCure Industries drops its Co-CEO structure for a single CEO model, effective Aug 1. Mrs. Anderline Ndidi Dukor named CEO; Mr. Arjun Udani appointed ED, Operations & Finance. Board frames it as sharper accountability and faster decision-making. #NGX #MeCure https://t.co/oNC64JhyOF
Market Wrap For Thursday, Jul 30 2026:🔵 The top gainers are: LEGENDINT, DAARCOMM, STERLINGNG, SOVRENINS, ROYALEX
🔵 The bottom losers are: TRIPPLEG, LASACO, CILEASING, MBENEFIT, TRANSEXPRMore info on Assessworth's Market Movers Pagehttps://t.co/x5xpA1Wmai https://t.co/QY5zcjS2Oo
Seplat Energy has agreed to sell a 10% stake in its joint oil and gas assets to NNPC Limited for $281.6 million, with plans to use the money to pay down debt and reward shareholders with fresh dividend payouts https://t.co/AGtvFSM0Ns
Energy firms often chase equity, but Seplat shows true control isn't always about ownership percentage. Selling 10% of a JV, they still retain operatorship. This is a strategic play on influence, not just shares.
https://t.co/GSdfIvFbb7
@real_KingBee Do you already have seplat?
Seplat Energy Grows 2026 6M Revenue to $1.82bn, Gross Profit Rises by 68% - Energy News Stream - https://t.co/vy2f4RD3xO
@icreedo @Officially_Kriz Fair question, but it's not necessarily a bad signal here.This is Seplat, not Dangote Cement, different company, different capital allocation choice.Companies sometimes retain profit deliberately to fund capex or pay down debt faster rather than distribute it, especially
The North East Development Commission has approved a solar power project valued at N100bn aimed at boosting electricity supply and economic recovery across the North-East region of Nigeria.
The Federal Government has pledged to publish a detailed account regarding the utilization of foreign exchange and fuel subsidy savings to address public transparency concerns.
To buy more uba or more gtco 😤
Former Nigerian President Olusegun Obasanjo has urged the government to prioritize the protection of food supply zones for national security. Industry experts note that addressing food insecurity is crucial for economic stability, potentially impacting agricultural and consumer goods sectors.
Seplat Energy Plc (SEPLF) Q2 2026 Earnings Call Transcript https://t.co/CsF7g6LRfR
The Federal Government announced plans to release a comprehensive report detailing savings generated from the removal of fuel and foreign exchange subsidies alongside utilization data. This anticipated disclosure addresses ongoing public and economic scrutiny regarding fiscal policy adjustments and broader market impacts across key sectors.
Manufacturers in Ogun State are calling on the state government to harmonise taxes and levies while improving infrastructure to enhance business competitiveness, prompting pledges from the government to implement necessary reforms.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority is advocating for the creation of an African fuel price benchmark. This initiative aims to decrease reliance on foreign indices, enhance market transparency, and better reflect the continent's growing refining capacity.
Nigeria targets improved digital connectivity following extensive network coverage expansion across the country. The Nigerian Communications Commission emphasizes the necessity of advancing digital infrastructure to support sustainable economic development and broader connectivity goals nationwide.
The House of Representatives Committee on Public Assets has urged the Niger Delta Power Holding Company to complete the Ikot Ekpene-Ikot Abasi transmission line project. The committee highlighted the project as critical for improving electricity supply and supporting broader economic development.
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