The Market Pulse

@NecheXTech Seplat energy is currently the highest tax payer in Nigeria.

In 2025, it paid around ₦980B in tax.

I think it deserves to be at the top of the list

I was back again on @channelstv for Business Morning w/@inivictoria.

I shared insights on expectations for the NGX 🇳🇬 in H2 and what investors should look out for.

I also shared about the upcoming Dangote Refinery IPO, impact of FTSE Russel and possible S&P reclassification of https://t.co/cMNddWKoUY

What happened on the NGX?

The ASI closed up marginally, adding 12.12 points (+0.01%) to 241,761.23. Market cap sits at ₦155.8 trillion (~$113 billion).

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 15, 2026

The exchange rate between the US dollar and the Nigerian naira remained stable in the parallel market on Wednesday, driven by sustained demand for foreign currency. Trading activities across major domestic Bureau De Change hubs maintained a steady pattern.

💹 NGX Equities Snapshot – July 14, 2026

All Share Index - 242,870 (+0.46%)
Value Traded - N53.1 Billion
Market Deals - 42,288
Volume of Shares Traded - 630,102,681
Total Equity Market Cap – N156.1 Trillion

Follow @vantarhq for daily market updates & learn more at

CBN targets N600 billion in Treasury Bills auction today

The Central Bank of Nigeria aims to raise 600 billion Naira through a Treasury Bills auction scheduled for July 15, 2026. This primary market issuance is part of the apex bank's third-quarter borrowing calendar for the year.

@OpeBee FG gives all these incentives to foreign companies but none to local businesses. Ordinary supply of crude oil to Dangote refinery in Naira for the benefit of Nigerian economy is difficult for them talk less of incentives. Seplat, Aradel & Dangote needs the incentives more.

MTNN
DANGCEM
BUAFOODS
ZENITHBANK

comes to mind- https://t.co/399AoR3eaA

*The State Of NGX Ahead of Corporate Earnings Report... Join me for InvestData Live with Ambrose Omordion by 12pm.*

Dear Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment https://t.co/KmJ7xfmA4y

From maintaining shareholder records to facilitating dividends and other corporate actions, registrars help ensure investors receive the benefits attached to their investments.

#NGXKYMWednesday #InvestorEducation #NGX #CapitalMarket #FinancialLiteracy https://t.co/hM5cqii2SW

PHOTOS: Air Peace warns of disruptions over aircraft damage

Air Peace has warned of network-wide flight disruptions after one of its Airbus A320 aircraft sustained severe damage at the Lagos airport. The damage was reportedly caused by a baggage handling unit belonging to the Nigerian Aviation Handling Company Plc.

Stockbrokers push for frontier market upgrade as Nigeria earns S&P watchlist spot

S&P Dow Jones Indices has placed Nigeria on its 2027 watchlist for a potential frontier market upgrade. Local stockbrokers are pushing for the transition, which is expected to attract foreign portfolio investments and boost activity in the domestic capital market.

Nigerian Stock Market Slips Marginally as FirstHoldCo Leads ₦53.34 Billion Trading Session

The Nigerian stock market declined marginally on Wednesday as investors engaged in profit-taking within the consumer and insurance sectors. Despite the All-Share Index pullback, trading activity remained active with FIRSTHOLDCO leading a trading session valued at N53.34 billion.

Federal Govt Expands Cancer Funding, Research For More Access To Treatment

The federal government has announced plans to expand funding for cancer care, promote local manufacturing of oncology medicines, and strengthen domestic research to improve treatment access and reduce patient costs.

MeCure industries paid me dividend.

I’m impressed.

#NGX

First HoldCo Powers Nigerian Stock Market to Fresh Gains

The Nigerian Exchange's All-Share Index advanced by 0.46%, driven largely by significant trading activity in First HoldCo. The surge reflects renewed investor interest in banking stocks and highlights the sector's https://t.co/6KPay473fy

Data shows that the largest companies listed on the Nigerian Exchange Limited @ngxgrp are not engines of employment.

@Chxta argues that the right policy environment and capital allocation can change the situation.

https://t.co/ym6y3DeMvJ

Your urgent ₦2,000 can make you part owner of a big company. 👀

Most people think investing in stocks is only for people with millions.
It’s not.

With as little as ₦2,000, you can start buying shares of companies listed on the Nigerian Exchange and begin your investing https://t.co/03ORvW25zU

Federal Govt Inaugurates Joint Decarbonisation Group For Oil, Gas Sector

The federal government has inaugurated a Joint Decarbonisation Working Group for the oil and gas sector. The initiative aims to drive the national carbon market framework following the issuance of Nigeria's first sovereign carbon credit project.

Renewed Investor Demand Lifts Stocks As Market Capitalisation Rises By N719bn

The Nigerian equities market rebounded on Tuesday, with the All-Share Index rising by 0.46 percent to close at 242,870.44 points. This recovery added 719 billion Naira to the market capitalisation, driven by renewed buying interest in blue-chip stocks.