The Market Pulse

@iamwalebanks me right now looking at GTCO and the number of quantity i'm imagining..

$FIRSTHOLDCO jumped 10.0% to 79.35 NGN. 3,531,075M market cap, and NGX still finished -0.27%. One bank was sprinting while the index sat there polishing its shoes. #NGX #AfricanMarkets

Investing doesn't mean compromising your values.

Nigeria's Halal stock market gives Muslim investors the opportunity to grow wealth by investing in Shariah-compliant companies that avoid interest-based finance and prohibited industries.

Always research a company's financials, https://t.co/ThL3oPww3F

Nigerian Exchange Drops 0.21% https://t.co/NbcH8IlpAv

#PRESCO just printed a orca watch
🔴 Action: SELL
💰 ₦196.7M traded
📦 95.0K shares @ ₦2,070
⏰ 14:54 WAT
🔗 https://t.co/cFVHdSWDuD #NGX

Nigeria has fibre across states but lacks fair access market—NCC

The Nigerian Communications Commission is working to establish a fair wholesale fibre market across the country to improve access to broadband infrastructure and unlock Nigeria's digital economy.

@stats_wire I just bought more GTCO

👀 The banks are lining up.

If current prices hold till close:

• FIDELITYBK → 4 straight green days
• FIRSTHOLDCO → 3 straight + fresh 52-week high (+26% WoW)
• UBA → 3 straight, biggest gain of the streak (+7%)
• GTCO → 3 straight
• ZENITHBANK → 3 straight
Sector https://t.co/h387YVXMFg

Nigerian Bourse Slips 0.21% On Profit-Taking Despite Positive Market Breadth

​The market took a brief pause today as investors locked in profits, with the All-Share Index slipping just 0.21%.

​Don’t let the dip fool you—the momentum is still strong!

✅ Positive Breadth: 34

Tax Reforms Spur 10,000 Daily Business Registrations – Oyedele

The Federal Government's tax reforms are driving business formalisation, resulting in an average of ten thousand informal businesses registering daily with the Corporate Affairs Commission. This trend was disclosed by fiscal authorities at the annual chief executive officer forum in Lagos.

The Nigerian Exchange Group (NGX) is making an outstanding performance in 2026! Our All-Share Index has delivered world-beating returns, making Nigeria's stock market the top-performing equity market globally in dollar terms this year. Market capitalization now stands well above

By the time the Q2 and H1 fillings have been released by these companies you will know why I am accumulating GTCO, Zenith, Access, UBA and Fidelity now.

Nigeria’s net reserves jump from $3bn to $40bn as FX reforms restore confidence — Cardoso

Nigeria's net foreign exchange reserves have risen significantly from three billion dollars to forty billion dollars. Central Bank Governor Olayemi Cardoso attributed this recovery to the country's ongoing economic and foreign exchange reforms which have helped restore confidence.

Flawed pricing keeps investors on Nigeria’s gas sidelines

Flawed pricing mechanisms in Nigeria's gas sector are discouraging investment, hindering the country's plans to utilize its natural gas reserves for power generation, industrial growth, and export competitiveness.

FCMB sets the pace in digital banking experience as industry competition intensifies

FCMB has emerged as a leader in digital banking experience according to the latest KPMG 2025 Nigeria Banking Industry Customer Experience Survey, which outlines how shifting consumer expectations are reshaping competition in the sector.

Day 54 – Earnings season impact
volatility cycles..
$SPCX.NE $NGX $BeelalTrade #WorldCup https://t.co/tjbpstsIX6 https://t.co/B34tWAJHLn

Is the NGX Ready for the Earnings Rally?

​The corporate earnings season is here! Are you positioned for the next big move?

​Join Ambrose Omordion in this insightful breakdown of the current market state, where we analyze:

✅ How global macro-data is shaping local prices.

✅

SSB tax revenue should fund primary healthcare, screening — Senate

The Chairman of the Senate Committee on Health has recommended that the Federal Government direct revenue from the proposed Sugar-Sweetened Beverages tax toward funding primary healthcare and screening programs. The call follows a meeting with health advocacy coalitions.

Why Nigeria’s spirits and wines industry is stepping up the fight against illicit trade

The Nigerian spirits and wines industry is intensifying efforts to combat illicit trade, which continues to undermine the consumer goods market. According to a Euromonitor report, smuggled and illegally produced alcoholic beverages represent a significant portion of the market, impacting manufacturing, retail, and government tax revenues.

Otedola is printing money on the NGX again.

₦1,000,000 in FirstHoldCo at the start of this month is now worth over ₦1.6 million.

That is 60%+ in under 30 days.

From about ₦7.5 in 2021 to about ₦87 today.

Patience and smart money.

Earnings board meeting holds July 28.