The Market Pulse

@Best_of042 @Rxbremen Rather think NNPC want to benefit from the Seplat Gas playbook.

Stanbic, you will cough blood every day na 4:00 am🙏

Kenna Represented Seplat in a ₦72 Billion Oil Spill Compensation Claim.
https://t.co/RI4Snzk8B2

Stanbic bank, Protea hotel, South Africa airways.... 😂 https://t.co/ZrTyiFj4fo

@_heryomide Fcmb??

@Engr_Ashile Why is Stanbic IBTC not here? I have not seen a customer service as responsive as theirs. Top guys mehn.

the following companies result have impressed me so far from the companies i have taking a look at:

HBM PLC
DANGOTECEM
VITAFOAM
CUSTODIAN
UPDC REIT
SEPLAT PLC
MAY AND BAKER
LINKAGE INSURANCE PLC
NAHCO PLC
UACN PLC

Aradel ✅.
Waiting for UCAP.

Meanwhile NAHCO is waiting as the channel back into the NGX.

Seplat's 12-cent interim and special dividend delivers $14.4 million to Tony Elumelu's Heirs, $9.72 million to Samuel Dossou-Aworet's Petrolin and $6 million to co-founder Austin Avuru.

https://t.co/r4CJsP7HVG

#TonyElumelu #Seplat #Nigeria

Tomorrow, we begin our next chapter.

#AVACapital #BuildingEnduringValue #AVALists #NGX #CapitalMarkets #CorporateGovernance

PenCom’s new RSA rules could send N2 trillion into Nigerian stocks

Revised investment guidelines by the National Pension Commission could potentially drive significant institutional capital inflows into the Nigerian equities market, according to United Capital Plc.

Tomorrow marks a defining milestone in the journey of AVA Capital PLC.

As we prepare to list on the Nigerian Exchange, we reflect on the progress that has brought us here and the opportunities that lie ahead.

#AVACapital #BuildingEnduringValue #AVALists #NGX #CapitalMarkets https://t.co/3ZRLisgKi5

$NEM +10% to 34.20 NGN, market cap 171,684M. $GUINEAINS is 0.83 NGN and fell 9.8%. Same insurance aisle, very different lives. One is underwriting optimism, the other is the price of a regret. #NGX #AfricanMarkets

@StanbicIBTC Stanbic says my complaint has been resolved, yet my money is still missing. No refund, no explanation, no investigation report. How is this resolved? #StanbicIBTC

@StanbicIBTC Stanbic says my complaint has been resolved, yet my money is still missing. No refund, no explanation, no investigation report. How is this resolved? #StanbicIBTC

@Akos_solution @the_boludada @TosinOlugbenga @flutterwave @FlwSupport @bachs_hq @wemabank How do I set this up?

Seplat Energy to sell 10% stake in joint venture to NNPC for $281m

Seplat Energy says it has signed an agreement with the Nigerian National Petroleum Company (NNPC) Limited to sell 10 percent stake in the assets held within the joint venture of NNPC Limited and Seplat Energy https://t.co/1e6ndanJPk

Seplat to sell 10% stake in NNPCL joint venture for $281.6 million

Seplat Energy Plc has signed a binding agreement to divest a 10 percent working interest in its joint venture assets with the Nigerian National Petroleum Company Limited for a total consideration of approximately 281.6 million dollars.

Reps move to revive abandoned Akwa Ibom power project

The House of Representatives is taking steps to revive the abandoned 330kV Ikot Ekpene to Ikot Abasi transmission line project in Akwa Ibom State. This legislative initiative aims to improve regional power infrastructure and enhance electricity transmission capacity within the area.

NMDPRA seeks West African benchmark for petroleum products pricing

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has called on regulators across West Africa to collaborate on establishing a regional pricing benchmark for refined petroleum products. This initiative aims to strengthen market confidence, boost cross-border trade, and attract investments into the downstream segment.