The Market Pulse

NGX: BEAR Signal - Price crossed below 15 Day MA

This signal suggests that these stocks are under selling pressure and may continue to decline, so their performance should be monitored closely. Further analysis should consider the broader market and relevant sectors to determine https://t.co/4WiwbvcyDs

NGX: Bull Signal - Price crossed above 15 Day MA

This signal suggests that the stocks are facing buying pressure and may continue to rise, so their performance should be monitored closely. Further analysis should consider the broader market and relevant sectors to determine https://t.co/JITCqeDHPd

Daily Market Report - 12-Oct-2026 @ngxgrp

The Nigerian equities market extended its decline, with the NGX All-Share Index (NGXASI) falling 0.28% to close at 247,671.47, down from 248,363.55 in the previous session. Year-to-date returns stood at 58.26%.

Market close 🔔

The Nigerian equity market opened trading for the week on a bearish note, as key market performance indicators (the NGX-ASI and Market Capitalization) both declined by -0.49%. The downtick, was majorly led by the Banking sector.

Millions of Nigerians use OPay. Now the company wants Nigerian investors to have a chance to own it too. Its NGX listing is still a plan, though the real questions will be the price, the number of shares offered here, and when trading can begin.

OPay has filed for a proposed US IPO and plans to pursue a secondary NGX listing.
H1 2026 revenue: $467.1m, up from ~$197.5m a year earlier.

Read More on TechCrier:
https://t.co/XDql4942N0

#OPay #Fintech https://t.co/B971CCuczt

But that has been a thing especially during gtco period? https://t.co/hsFKTyjiwM

Over ₦200B in dividends and shares sits dormant on the NGX.

We recover your lost assets.

DM or visit https://t.co/mvICoH7RN6

#NGX #Stockbroking #AssetRecovery #InvestNigeria

Dangote refinery IPO remains open as listing details emerge

Chapel Hill Denham announced that the initial public offering of 4.1 billion ordinary shares in Dangote Petroleum Refinery and Petrochemicals remains open, with listing details emerging.

Lagos moves to end blackout, targets 3,000MW electricity supply by 2027

The Lagos State government is targeting electricity supply of 3,000MW by 2027 as part of efforts to address persistent blackouts in the megacity.

Looking beyond the share price, is FirstHoldCo a more valuable stock than GTCO and Zenith pls?

Can Dangote Refinery’s share price double in 12 months? What actually drives a stock higher? 🧵🇳🇬

Arnold Dublin Green, CEO of Renaissance Capital Asset Management, highlights two critical drivers of stock prices:

1️⃣ CAPITAL FLOWS 💰

When demand for a stock is strong, more

STATART INSIGHTS & ANALYTICS
Nigeria Financial Markets | Daily Snapshot
Monday, 12 October 2026
Market session: Friday, 9 October 2026
NGX Market Close
All-Share Index: 248,363.55 | +0.13%
Equity market capitalization: ₦161.26 trillion

Effect of financial leverage on financial performance of listed manufacturing companies on the Nigerian exchange group. https://t.co/JFMNtA0U3K

@Demo4show Effect of financial leverage on financial performance of listed manufacturing companies on the Nigerian exchange group.

How Nigeria’s presidential candidates plan to shape tax system

Nigeria’s 2027 presidential candidates are offering contrasting proposals for the country’s tax system. Changes to tax policy could influence the operating and tax environment for Nigerian businesses, including listed companies.

Delighted Opay is getting a secondary listing on NGX. https://t.co/MZ4NaFsfHz

@OnyeOtolo @OfficiaEdoOsasB Where is the headquarters of seplat situated??
And give us another one as the poster requested.

Would you still buy NGXGROUP if you understood what drives its revenue? 🧵

NGX Group reported ₦17.60bn in H1 2026 revenue. Transaction fees contributed ₦13.34bn—75.8% of total revenue.

That’s the opportunity. And the risk.

📊 More trading activity can mean more fees.

Would you still buy NGXGROUP if you understood what drives its revenue? 🧵

NGX Group reported ₦17.60bn in H1 2026 revenue. Transaction fees contributed ₦13.34bn—75.8% of total revenue.

That’s the opportunity. And the risk.

📊 More trading activity can mean more fees.