The Market Pulse

Presco Plc delivers 9.3% PBT growth to N122.2 billion in H1 2026; board proposes N10 interim dividend

Presco Plc reported a 9.3% increase in profit before tax to N122.2 billion for the half-year ended June 30, 2026. The agro-industrial company announced an interim dividend of N10 per ordinary share following the release of its financial results.

AVA Capital (Investment Banking/Asset management) has joined the Nigerian Exchange through a Listing by Introduction.

This means existing shareholders can now trade the shares publicly

No new capital raised. That is, No IPO

Not bad
But then one thing IPO does is that it https://t.co/QcrdmrYZm3

@Amaddream_ Fcmb

NGX DAILY SENTIMENT REPORT – JULY 28, 2026

​The market closed with a strongly bullish outlook today!

Here is your quick market breakdown:

​Market Overview:
​99% Buy Pressure vs. 1% Sell Pressure

​Market MFI: 66.97 (Strong money inflow)

​Top 100% Buy Sentiment Stocks:

@AdeyefaPeter I have left UBA for you people... Lol 😂, looking forward to AccessCorp, Zenith, GTCO and Stanbic IBTC

NGX has introduced much stricter guidelines on changes in major shareholdings in listed Nigerian companies, and for an institutional investor, strategic purchaser or diaspora investor there is much more to be aware of. https://t.co/slbB9NDyiS

Your pension took a hit in June as stocks erased N623 billion

Nigeria’s pension fund industry experienced a decline in total assets under management at the end of the first half of the year, driven by pullbacks in domestic equities, federal government securities, and money market instruments, alongside growth in alternative investments.

@MudiTheInvestor Was it approved. I didnt see it on the ngx as corporate action with a date. Only saw the recommendation in the 2025 report.

There’s a new listing coming up on the NGX this Friday: Ava Capital Plc.

Recapitalised banks and access to credit

The Central Bank of Nigeria has advanced the implementation of the banking sector recapitalisation policy, which is expected to influence credit availability and strategic treasury management across financial institutions.

NGX MARKET UPDATE: Corporate Earnings & Recovery!

​Is the Nigerian Exchange (NGX) hitting 10% by month-end? Experts say not quite, but positive momentum is building!

Here are the quick highlights:
​Driven by Earnings: Strong corporate earnings and interim dividend announcements

Is now a good time to buy Dangcem? https://t.co/9KUlylsut0

We have a new listing: AVA Capital Plc is coming to the NGX https://t.co/yGgq6d4DQa

@ngxgrp @gstockexchange Imagine a busy marketplace.

The more people who buy and sell, the more the market owner earns.

That is exactly what happened. More investors traded shares, more companies listed on the exchange, and NGX earned more money from these activities. Revenue jumped by 118%

🇳🇬 UZEE STOCKS UPDATE LTD

Nigeria Market & Economy Brief | July 29, 2026 📈

Nigeria's market continues to show strength, but the economy still faces important challenges. Here's what investors should know:

📊 Market Highlights

💰 United Capital delivered strong H1 results,

🇳🇬 UZEE STOCKS UPDATE LTD

Nigeria Market & Economy Brief | July 29, 2026 📈

Nigeria's market continues to show strength, but the economy still faces important challenges. Here's what investors should know:

📊 Market Highlights

💰 United Capital delivered strong H1 results,

🐳 Orca Watch: Significant block trade on #GTCO
🔴 Action: SELL
💰 Total Value: ₦101.2M (800.0K shares @ ₦126.5)
⏰ Time: 12:59 WAT
See where the smart money is moving next:
🔗 https://t.co/cFVHdSWDuD #NGX

Presco PBT +9.3% to N122.2bn, but tax bill jumped 73% and PAT fell 7.3%. EPS down 20.5% on rights-issue dilution. Debt cut 62% to N119.5bn; cash halved. N10/share interim dividend declared. #NGX #Presco https://t.co/GTn2fe96tR

@vince_koi 😂😂😂 okay gtco let see

💰 The biggest money flows today are mostly chasing stocks in the red.

Of the top 10 stocks by trading value, 6 are trading lower, including:

🔴 FIRSTHOLDCO (₦122, -3.94%) – ₦4.58B traded
🔴 ZENITHBANK (₦123.40, -2.76%) – ₦2.80B traded
🔴 HBMNG (₦375.10, -3.80%) – ₦2.56B https://t.co/53tA8IQAxF