Today’s pick is GTCO, a leading Nigerian financial holding company (parent of Guaranty Trust Bank) with operations across Africa and the UK. It’s a major player in commercial banking.Key Fundamentals (as of mid-2026 data):
• Current Price: ~₦126 NGN
• P/E Ratio: ~5.35 https://t.co/kpNfUc5Q9X
The Market Pulse
Nigerian market news and social signals.
Market Snack archiveMarket movers
11752 stories
CBN’s data show what GTBank, Zenith, Access, others charge borrowers
The Central Bank of Nigeria has released updated lending rate data for commercial and merchant banks, detailing the borrowing costs charged by major lenders including Guaranty Trust Holding Company, Zenith Bank, and Access Holdings.
@techsage06 You can take a look at GTCO, Aradel, Okomu Oil, and Presco. They all have interesting fundamentals worth researching. Always do your own due diligence before investing.
👁 SEPLAT ENERGY —> oil price tailwind. Signal: WATCH-UP
👁 ARADEL HOLDINGS —> oil tailwind + earnings ahead. Signal: MONITOR
👁 PZ CUSSONS —> steepest single-day loss on the board today. Signal: WATCH-DOWN
Independent Producers Urge Coordinated Reforms for Oil Sector’s Global Competitiveness
The Independent Petroleum Producers Group has called for coordinated reforms to transform Nigeria’s oil and gas industry into a globally competitive sector. Speaking at the NOG Energy Week, the group emphasized the need to transition the country from a resource-based economy to an engine of industrial growth.
📊 New Stock Opportunities Spotted by Simply Wall St ScreenerThe latest Simply Wall St screener alert has highlighted two Nigerian companies that caught investors’ attention based on their market data and screening criteria.🇳🇬 Learn Africa Plc (NGSE: LEARNAFRCA)Sector:
📊 New Stock Opportunities Spotted by Simply Wall St ScreenerThe latest Simply Wall St screener alert has highlighted two Nigerian companies that caught investors’ attention based on their market data and screening criteria.🇳🇬 Learn Africa Plc (NGSE: LEARNAFRCA)Sector:
What Lies Ahead: Despite this sharp single-day correction, analysts point out that the NGX remains one of the world's top-performing markets this year. Investors are currently rebalancing their portfolios as they brace for half-year corporate earnings reports.
The Major Dip: Following a brief bullish run last week, negative sentiments returned to the Nigerian Exchange (NGX) on Monday. Total investor wealth (market capitalisation) plunged by 0.84% to close at ₦155.13 trillion, down from Friday's ₦156.44 trillion.
Without holding brief for any entity, I acknowledge that the frustration expressed by long-standing shareholders is understandable. Sustained capital raising, successive acquisitions, related expenditure and weak shareholder returns raise legitimate questions about value https://t.co/hCeqASwzxr
CBN survey shows business confidence slips in June amid rising operational costs
A Central Bank of Nigeria survey indicates that business confidence among Nigerian firms declined in June 2026. The moderation in sentiment was primarily driven by escalating operational costs and broader macroeconomic pressures affecting local enterprises.
Nigeria, Hong Kong sign double taxation agreement to boost trade and investment
Nigeria and the Hong Kong Special Administrative Region have signed a Double Taxation Agreement. The treaty aims to eliminate double taxation on income, prevent tax evasion and avoidance, and strengthen economic cooperation and investment between both jurisdictions.
🇳🇬 ₦500,000 Nigerian Stock Portfolio (second half of 2026) NGXHere's how I would allocate it for long-term dividend income and capital appreciation:GTCO – 20% (₦100k)Zenith Bank – 20% (₦100k)MTN Nigeria – 15% (₦75k)Seplat Energy – 15% (₦75k)Dangote Cement – 10%
Nigeria, Hong Kong sign double taxation agreement to boost investment
Nigeria and Hong Kong have signed a double taxation agreement aimed at boosting cross-border trade and investment. The virtual signing ceremony underscores a mutual commitment to strengthening bilateral economic cooperation and creating a more favorable environment for international business.
@theravennHQ GM RavenYou can take a look at GTCO, Aradel, Okomu Oil, and Presco. They all have interesting fundamentals worth researching.
Economy exits contraction but households remain pessimistic — CBN
Nigeria's economy emerged from contraction in June as the Purchasing Managers' Index rebounded to 50.1 points, driven by expansion in the agriculture sector. However, a Central Bank of Nigeria report indicates persistent household pessimism, with consumers prioritizing food over investments, houses, and vehicles.
Dollar to Naira exchange rate today, July 14, 2026
The Nigerian naira maintained relative stability against the United States dollar on the official Nigerian Foreign Exchange Market on July 14, 2026. Concurrently, the parallel market maintained a premium price for the greenback.
NGX: Equities shed N1.32 trillion on profit-taking in industrial goods, banking, consumer stocks
The Nigerian equities market declined by N1.32 trillion on Monday, driven by widespread profit-taking across forty-six stocks. The loss, which extended Friday's marginal drop, was concentrated in the industrial goods, banking, and consumer goods sectors, overshadowing nineteen price gainers.
🎯 THE PLAY: Global geopolitical shocks are triggering a flight to safety, but domestic fundamentals remain anchored by strong FX reforms & frontier market upgrades. Use this minor NGX dip to systematically accumulation value ahead of Q2 earnings. Trade smart! 📈
Nigeria’s Oil Benchmark, Brent, Jumps to Over $80 as Trump Reimposes Iran Blockade
Nigeria's benchmark crude, Brent, has risen past eighty dollars per barrel following the United States' blockade on Iran. Concurrently, the Dangote refinery has initiated dollar-denominated pricing for petrol, setting its ex-depot rate at approximately seventy-eight cents per litre.
Trade on the pulse
Turn market signals into contest trades with your game's starting cash.
Claim your handle