The Market Pulse

Coronation Infrastructure Fund slashes half-year distribution by 11.3% as asset strategy shifts

Coronation Infrastructure Fund is set to reduce its half-year distribution to unitholders by 11.3 percent following a shift in its asset strategy. The fund, which is listed on the Nigerian Exchange, will also implement a tighter payout cycle as proposed by the fund manager.

@Mahmoudsardauna No spreadsheets. No guesswork. Just clear insights to help you make smarter investment decisions.

#DividendEngine #NGX #Dividends #Investing #Fintech #Nigeria https://t.co/feBINJdQ1k

@maziNdu4Real No spreadsheets. No guesswork. Just clear insights to help you make smarter investment decisions.

#DividendEngine #NGX #Dividends #Investing #Fintech #Nigeria https://t.co/IBMLEdaUfX

@Rxbremen No spreadsheets. No guesswork. Just clear insights to help you make smarter investment decisions.

#DividendEngine #NGX #Dividends #Investing #Fintech #Nigeria https://t.co/oJEPf1tnX5

@____Yaks No spreadsheets. No guesswork. Just clear insights to help you make smarter investment decisions.

#DividendEngine #NGX #Dividends #Investing #Fintech #Nigeria https://t.co/mRu2UTx0VK

NGX Market Sentiment Update – July 16, 2026

​The market is showing a mixed but resilient sentiment as investors prepare for the half-year earnings season!

​Key Highlights:
​Market Status: Balanced (49% Buy / 51% Sell). The bullish structure remains intact despite slight

JUST-IN: Tinubu Signs Executive Order To Regulate Virtual Assets, Establishes Inter-Agency Council

President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, creating a new regulatory framework to oversee virtual assets. The order establishes a Virtual Asset Council to coordinate activities across Nigeria's financial and security agencies, aiming to strengthen digital economy governance.

Nigerian pension funds anchor oversubscribed ₦20.69bn Series II issuance of the FCMB-TLG Private Debt Fund

FCMB Asset Management Limited and TLG Capital have closed the FCMB-TLG Private Debt Fund Series II Offer, raising ₦20.69 billion. Supported by Nigerian pension funds, the issuance achieved a 103.43% subscription rate to support mid-sized companies with long-term local-currency capital.

Tinubu signs executive order to harmonise virtual assets regulation, establishes council

President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026. The directive aims to harmonise virtual assets regulation, strengthen oversight, and promote responsible innovation across Nigeria's digital economy.

🐋 Whale Watch: Massive block trade on #FIRSTHOLDCO
🟢 Action: BUY
💰 Total Value: ₦479.5M (5.00M shares @ ₦95.9)
⏰ Time: 15:20 WAT
See where the smart money is moving next:
🔗 https://t.co/cFVHdSWDuD #NGX

Stanbic taps Safaricom’s top strategy executive as CEO https://t.co/hiJiAx1Rqe

Said my goodbyes to Stanbic IBTC in the dms and it hurts forreal 🥺🥺 was literally my favorite bank because Mujeeb encouraged me to open an account for my business there. And their services were definitely top notched 👌 but for the past two years now????? Total shambles

Nigeria macro this week: inflation eased to 15.91%, reserves climbed to $51.5bn (+$1.9bn), PMI back to expansion at 50.1 - but carried entirely by agriculture, industry still contracting at 49.5. Sets up a likely MPR hold on July 21. Follow @MidasIntel for NGX analysis https://t.co/JfnFVclqyU

The NGX just closed one of the strongest half years in its history and the numbers back it up. The All Share Index closed June at 229,419 points, a 46.8% gain for H1 2026, after touching an all time high above 252,000 points in May. Market capitalisation rose from about N99.9

NGX: Investors Record N32bn losses After Two Days of Gains

https://t.co/7uzIAdZv4p

Tinubu Signs Presidential Executive Order On Virtual Assets Coordination

President Bola Tinubu has signed a presidential executive order establishing a council to coordinate digital economy regulations. The order also sets up a Virtual Asset Office domiciled at the Central Bank of Nigeria to harmonise virtual asset frameworks.

Nigerian stocks maintained their YTD bullish momentum after a short profit-taking correction in June.

Latest market activity showed the NGX’s All-Share Index (ASI) resumed its consolidation near its recent all-time highs, cementing Nigeria as one of the world’s best-performing https://t.co/kmL4lNn0mF

@AlfaAdam001 Aradel has more shares than seplat?

Daily Market Update – July 16th, 2026

​The Nigerian Exchange (NGX) experienced a slight pullback for the second consecutive session yesterday as profit-taking pushed the All-Share Index down by 0.09% to 242.61 points.

​Despite the dip, market activity remains robust:

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$BUACEMENT fell 10.0% to 275.60 NGN with a 9,342,840M mkt cap. Nigeria’s stock market found a way to make cement look fragile. The bag still probably weighs more than the share price. #NGX #AfricanMarkets