Nigerian market news and social signals.
Market Snack archive11750 stories
@anthonyuzum Nice. My top 10: presco, zenith, Aradel, MTN, wapco, fidson, Gtco, dangcem, vitafoam and ucap.
THIS WEEK:1. Complete 20K of GTCO (fell short last week)2. Grow Dangote Cement towards 2K#NGX #TheOctopusWealthCircle #TheOctopusGenZBillionaireInvestorsClub #TheOctopus 🐙
For @MTNNG to convert N9000 30GB data I subscribe to my 0707822xx25 since July 1st, 2026 to regular data on the same SIM is taking them ages to do. Today is 19th and it remains 12 days for it to expire. @NgComCommission Is this not a cheat from MTNN? The hereunder is what I keep
Not gonna lie, this compare feature of Cowrywise is goldI guess it may be worth the entrance fee🥲Anyway peep that Seplat 5 year growthAradel when are you going to do a Seplat? 👀👀👀 https://t.co/rM1l77VV4j
Umaru Kwairanga, the Chairman of Nigerian Exchange Group, is highlighted for his leadership performance, drawing comparisons to former exchange heads Ndi Okereke-Onyuike, Aliko Dangote, and Oscar Onyema. The report reviews his administrative achievements and record at the helm of the exchange board.
Week 10 Portfolio: ₦386,908K (+3343.19% in 1yr | Strong YTD)
Stocks: Zenith +1.63% • NAHCO -22.73% • GTCO -12.47%
Funds: +40.05% YTD
5-Year Mission: 4M+ stocks | 10M+ funds https://t.co/2Zr4RXN1xo https://t.co/3yEkMRqs9c
The man teaching Nigeria how money actually grows 🧵
In 2019, a young man in Owerri inherited something most people would've cashed out immediately: shares.He didn't sell.
He watched. He learned. He let the dividends work — and those same dividends helped fund his education. https://t.co/zthmGPi6us
BUA Foods Plc shareholders have approved a final dividend of N28.00 per ordinary share for the 2025 financial year. During the meeting, shareholders also re-elected Abdul Samad Rabiu as the chairman of the company's board of directors.
The Nigerian stock market gained 622 billion Naira over the week despite experiencing a decline in trade volume. The market opened with a capitalization of 156.445 trillion Naira and an All-Share Index of 243,798.76 points.
Sterling Bank has partnered with StarTimes Nigeria to launch solar financing hubs nationwide. This initiative aims to disburse two billion Naira in renewable energy financing by the end of 2026 to assist households and small businesses in accessing solar power.
Africa Prudential Plc reported a pre-tax profit of N2.41 billion for the first half of 2026, representing a 21.68% year-on-year growth from N1.98 billion in H1 2025, driven by higher interest income and customer contract revenue growth.
The potential termination of naira-priced petrol due to policy challenges in the crude oil trade is expected to significantly affect Nigeria's inflation rate, transport logistics costs, and local currency valuation.
Dangote Petroleum Refinery's offshore terminal has processed approximately 1,100 tanker calls since commencing operations. The facility currently manages about 75 tanker visits monthly, with plans to scale activities to between 900 and 1,000 vessel calls annually to support its marine logistics.
Access Bank has secured 16 accolades at the Euromoney Awards for Excellence 2026. The awards recognize the institution's performance across multiple African markets in sectors such as digital banking, customer experience, sustainable finance, and corporate responsibility.
The Federal Government has clarified that it does not plan to ban raw cocoa exports. The clarification follows public speculation after President Bola Tinubu announced plans to boost domestic processing capacity, aiming to reassure stakeholders in the agricultural export value chain.
Nigeria's petrol imports increased by 207 percent from 5.9 million litres per day in May to 18.1 million litres per day in June, intensifying pressure on the local currency.
Eight listed Nigerian insurance companies are seeking to raise seventy-eight point sixty-six billion Naira in capital to strengthen their balance sheets ahead of the Nigerian Insurance Industry Reform Act 2025.
The Nigerian Navy reported that its sustained operations against oil theft, pipeline vandalism, and illegal refining during the second quarter of 2026 successfully helped increase the nation's crude oil production to 1.7 million barrels per day.
The federal government has launched the country's first satellite and AI-powered national crop monitoring system to tackle food insecurity. The platform provides real-time data aimed at improving decision-making and productivity across the agricultural sector.
Nigerian petrol prices have surged to N1,230 per litre, driven by global crude oil price increases linked to the Middle East crisis and pricing dynamics associated with Dangote Refinery transactions. This price adjustment is expected to impact transportation and energy costs across various sectors.
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