The Market Pulse

💰 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

Kano airport’s domestic terminal recommissioned under President Tinubu’s Renewed Hope Agenda

The domestic terminal at Mallam Aminu Kano International Airport has been officially recommissioned under the federal government agenda, potentially impacting aviation support services and logistics operations within the transport sector.

@Davicpado @abalu_uthman Well not quite like that. Note that I have had GTCO and Zenith at different times and took profit accordingly when I felt necessary. Access and UBA are not ripe for that in my opinion. Again I still hold them indirectly via other means which I have also stated.

PRESS RELEASE: Presco Plc delivers 9.3% PBT growth to n122.2 billion in h1 2026; board proposes n10 interim dividend

Presco Plc (Bloomberg: PRESCO:NL | Reuters: PRESCO.LG | NGX: PRESCO), Nigeria’s leading fully integrated agro-industrial company, today released its unaudited https://t.co/1uQgpEhWNi

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

Research Insight #1 | Revenue Mix

After analyzing NGX Group H1 2026 results, here's what stood out:

The quality of revenue remained largely operational.
Transaction fees rose from ₦4.96bn to ₦13.37bn (+169.7%), while listing fees increased from ₦1.50bn to ₦2.38bn (+58.9%).

@Tony10600400 Lasaco Assurance Plc (LASACO) on NGX closed at ₦2.20 on 28 July 2026, up 10% from ₦2.00. Early 29 July trading held near ₦2.20. Market cap ~₦24.4 billion. Insurance company (all classes). Data is delayed; check your broker for live prices.

Shell’s Niger Delta legacy faces fresh scrutiny over leaked documents

Internal documents reveal growing scrutiny regarding aging infrastructure and significant potential decommissioning liabilities tied to former operations in the Niger Delta region.

Foreign printers dominate Nigeria’s banknote supply as NSPM misses 38% of allocation

Foreign printers currently supply a significant portion of Nigeria's banknotes as the Nigerian Security Printing and Minting Company falls short of its allocation targets. This development highlights ongoing capacity constraints within the nation's currency production infrastructure.

@AdesewaA_ FCMB get Sha low-key

@DeMan_S_K_D 500k

2151956522

UBA

God bless you

Naira strengthens to N1,552/€ as CBN’s high rates steady FX market

The naira strengthened against the euro at the official market, moving to N1,552 per euro from N1,563 the previous week. Central Bank of Nigeria data highlights stability in the foreign exchange market supported by high interest rates, influencing overall macroeconomic conditions relevant to market participants.

Which bank do you think has more customers?

UBA FCMB https://t.co/pEWMaIez6T

🔴 Selling pressure is building in UBA.

The banking stock has extended its intraday loss from -2.13% (₦46) to -4.26% (₦45).

Volume has also picked up from 3.68M to 5.80M shares, although it remains well below the 30-day average of 17M.

Worth watching whether buyers step in https://t.co/xt5021z0nW

NGX equities cap closed at N159.99T after a N481B Tuesday rally, up from N159.51T on Monday.

I don't have access to my transaction pin it showed blocked pin
@wemabank

Africa Prudential Grows H1 Profit by 18% as Revenue Climbs 27%

Africa Prudential Plc posted an 18 percent increase in profit for the first half of 2026, supported by a 27 percent growth in revenue driven by heightened capital market activity and improved treasury income.

Listing on the NGX means you would have to open your books to the public and be scrutinized and some private firms dont want that, plus debt seems pretty cheap. https://t.co/H9LrBDXhPa

@koladeafolabi20 DANGCEM making this list as a trade rather than a hold is interesting, I own it for the opposite reason, the pricing power and export story playing out over years, not a short-term move.

Same stock, two completely different reasons to be in it.

Worth being clear with yourself

@docneto @_aaadedapo Listing on the NGX means ypu have to open your books to the public and be scrutinized and some private firms dont want that, plus debt seems pretty cheap.