The Market Pulse

Meet Our Sponsor: Seplat Energy

Thank you to the Seplat for partnering with us for the 14th Annual BusinessDay CEO Forum! Your work in driving Nigeria's digital economy is vital as we transition From Stability to Shared Prosperity.

Join Us as a Sponsor
Position your brand in https://t.co/HldtFuecLm

Manufacturers need more than BOI loans to deliver Nigeria’s $1 trillion economy, Alliance says

The Alliance for Economic Research and Development has warned that Nigerian manufacturers are operating below fifty percent capacity despite funding support from the Bank of Industry. The group stated that deeper structural reforms are necessary to achieve the country's target of a one trillion dollar economy.

NGX 🇳🇬 started the week negative as BUA CEMENT, FIRSTHOLDCO and ZENITH BANK dragged the ALL Share Index down by 0.8%.

FCMB was the most actively traded stock for the day in terms of volume, while Seplat led in value of shares traded.

Overall, July is still positive (5.4%) and https://t.co/djOXDOAFzP

2 Halal Nigerian Stocks paying dividends this month

1. BUA Foods
July 15

2. Aradel Juiy 30

3 Halal Nigerian Stocks paying dividends this month

1. BUA Foods
July 15

2. Aradel Juiy 30

3. Cornerstone PLC
July 20

@Ishmaelthehost I think stanbic bank is the best even though it is south African

@AmukelaniMoyani @officialABAT @NGRSenate @Ojukwu_Bianca Stanbic is Standard Bank

Daily Market Digest | 13 July 2026

The NGX is down by -0.84% as NIDF led gainers at 9.97%, while PZ led losers at -10.00%. FCMB led volume at 102M shares, while SEPLAT led value at ₦3.6bn.

Full dashboard: https://t.co/AuJzphfcM6 #NGX https://t.co/bEfT43NqZM

Renaissance signs 16-Year gas deal with Indorama to fuel fertiliser output

Renaissance Africa Energy Company Limited has secured a 16-year natural gas supply agreement with Indorama Fertiliser FZE. The long-term deal guarantees feedstock supply to support Indorama's fertiliser production capacity in Nigeria, reinforcing domestic gas utilization.

@alabison09 Good Man and see how wapco performed

It also suggested Dangcem to me over Wapco

@abalu_uthman I still topped up my dangcem today. The cement is what will build africa's infrastructure.

Highlights from the NNPC/Seplat JV PEARLs Quiz Grand Finale.

Through the PEARLs Quiz, the NNPC/Seplat JV continues to invest in quality education by encouraging academic excellence, critical thinking and STEAM learning among students in our host communities. By empowering the https://t.co/EB1YB40eYL

Weekly NGX Recap

Top Gainers:
International Breweries +40%
RT Briscoe +32.02%
Livestock Feeds +28.47%

Top Losers:
🔻 McNichols -28.57%
🔻 Thomas Wyatt -11.64%
🔻 Geregu -10%

A new trading week begins.

Stay disciplined, focus on fundamentals, and let your investment https://t.co/r2FEhA7N9S

Last week, the Nigerian stock market was listed as the best-performing stock market in the world, in dollar terms.
Opportunity is knocking, and smart investors are already positioning themselves ahead of the earnings season.
 
Take control of your financial growth and start https://t.co/Gw4Qa5hJJY

Market close 🛎️

ASI: 241,749.1 ( -0.90%)
Market cap: 155.1T
YTD: +54.24%
Date: 13 July, 2026.

After four consecutive days of what looks like a never ending Green Days- the ASI has now succumbed to a red day thanks to the heavy pull back of BUACEMENT.

Stop buying NGX

Last week, the Nigerian stock market was listed as the best-performing stock market in the world, in dollar terms.
Opportunity is knocking, and smart investors are already positioning themselves ahead of the earnings season.
 
Take control of your financial growth and start https://t.co/yDvAcsZAnT

Top 10 money market funds post yields of up to 20%

Nigerian money market funds maintained their position as the dominant collective investment scheme in the second quarter of 2026, with the top ten performing funds posting yields of up to 20 percent.

NGX Weekly Recap 📊

ASI climbed 6.35% to 243,798.76, while market capitalization closed at ₦156.445 trillion. Catch this week's top gainers, losers, and sector performance.

#NGX #MarketUpdate #StockMarket #Investing https://t.co/T9uJsAgfmY

10 NGX Stocks I'd Be Most Cautious About in 2026 (Based on recent performance and fundamental concerns, not a recommendation to buy or sell.)

1. International Energy Insurance
2. McNichols Plc
3. University Press Plc
4. Thomas Wyatt Nigeria Plc
5. Guinness Nigeria Plc
6. Ikeja

FG expands cancer funding, local drug production

The Federal Government of Nigeria has expanded funding for cancer care and introduced new measures to boost local pharmaceutical manufacturing, aiming to make critical treatments more accessible and affordable across the country.