The Market Pulse

@klassiqtunez 2151933297 UBA bank.

Lord pls show your hand work… https://t.co/JrYDJWDjPJ

@bsong_HR Wait for?
Seplat dip?

Big one for Africa.

Dangote Refinery has formally approached the SEC to kick off its IPO process, targeting a September 2026 listing on the NGX.

Coming right after a $2.5bn private placement that was 3.7x oversubscribed and valued the company at ~$40bn.

This is set to be

Seplat plans to pay 68.3 cents per share in total for full year 2026
Dividend yield will then be somewhere around 8.4% at current prices

Why Time in the Market Beats Timing the Market
Every investor dreams of buying at the absolute bottom and selling at the exact top.
In reality, almost no one does it consistently.
Consider this:
Investor A waits months for the "perfect" entry point.
Investor B starts investing

Making money in stocks isn’t hard. People just overthink it.

1. Buy what you understand

• NGX: Dangote Cement, MTN, Zenith Bank

• US: Apple, Microsoft or an S&P 500 fund

If you can’t explain the business simply, leave it.

2. Hold for years
Most people panic and sell. The

Wema Bank Plc, a tier-2 Nigerian lender, shed 2.21% of its stock market value amid sell pressure following the first-half 2026 earnings release.

https://t.co/AR972tmBkI

@wemabank

Wema Bank Plc, a tier-2 Nigerian lender, shed 2.21% of its stock market value amid sell pressure following the first-half 2026 earnings release.

https://t.co/YvhzQZhhs5

#WemaBank

Tbh never expected Burna Boy or Outsiders Stans to be objectively sound and mentally sane.

South Africa still own & control MTN NG, PEP NG, SPAR NG, STANBIC IBTC BANK, PROTEAS HOTEL NG etc in Nigeria 🇳🇬.

Ade why are you not boycotting them? Lastly you support Tinubu from Uk🫵😭 https://t.co/R5DlyLW0oF

2m can’t even buy 180 units of seplat

@citykush1 NNPC moving to 70% is state consolidation. Seplat keeping operatorship at 30% is surprising... but that boardroom balance wont hold for long.

_Deadline: 31st July 2026!_

*GTBank's GTFund & GTPension Entry Level Training Program 2026*

_Applications are open for young graduates interested in starting a career in financial services with GTFund and GTPension, subsidiaries of Guaranty Trust Holding Company (GTCO)._

Seplat don drop result o. Na bomb! Kudos to her shareholders. https://t.co/4CDXRFafpc

June was a very bad month for me in the NGX.

I gave back to the market all the profit I earned from it since January.

The recovery this July was amazing.

My only regret is that I was not liquid enough to top up in June.

However this is a “Thank you July” post.

SEPLAT DIVIDEND DECLARED

Dividend is 12Cents which is $0.12 per share which is about N164 per share

@Officially_Kriz These numbers are legit, 498% growth in profit after tax isn't a typo, it's realised oil price up 30% plus operating leverage kicking in.

I hold a small Seplat position myself and this is exactly the kind of print that makes you wish you'd sized in heavier.

Expecting my Aradel dividend today

Minute, but investing it right back as soon as it drops

#NGX https://t.co/pJy4OSFilf

🚨 Another Company Is Joining the NGX!

The Nigerian capital market continues to evolve.

@avacapitalplc is set to make its debut on the @ngxgrp (NGX) through a Listing by Introduction on Friday, July 31, 2026.
#NGX #AVACAPITAL #Stockmarket #Investing #Capitalmarket https://t.co/e1oNhKi0wK

@TomolaGroup Confirmed ✅The Dangote Petroleum Refinery has formally approached Nigeria’s SEC to start the IPO process, targeting a September 2026 NGX listing.
SEC DG Emomotimi Agama confirmed the engagement and said the regulator does not expect delays. If it proceeds on schedule, it is set

Dangote Refinery just filed its application with the SEC for listing on NGX.

September 2026 is the target.

This came right after they closed a $2.5bn private placement that was 3.7x oversubscribed and valued the refinery at about $40bn.

Potentially Africa’s largest IPO ever.