Nigerian market news and social signals.
Market Snack archive11752 stories
@stethandstocks This information is wrong. FCMB was ₦0.68-₦1.87 in 2016, not the levels implied by a ₦9.79 cost price. It's ₦10.55 today — that's 800%+ over 10 years, not "10.3% gain." Historical data attached. Check your numbers. https://t.co/eAFyP1ipzo
Stockbrokers have commended the Nigerian Exchange Group for its engagement with FTSE Russell and global institutional investors in London. The delegation addressed concerns regarding Nigeria's transition to a T+1 settlement cycle and the temporary pause on the country's Frontier Market reclassification ahead of an upcoming update.
Nigeria's crude oil and condensate production rose to 1.735 million barrels per day in June, representing a 74-month high. According to the Nigerian Upstream Petroleum Regulatory Commission, the increase was supported by stable operations and minimal pipeline outages.
Dangote Industries Limited has launched a whistleblowing initiative offering a cash reward of 500,000 Naira to combat illegal haulage activities involving its fleet. The initiative aims to curb unauthorized goods transportation and the illegal use of company trucks by members of the public.
@ChimeririKalu @TomolaGroup Can also go in place of GTCO. Great fundamentals, good mgt and has been a good dividend player in the Banking sector
Dangote Cement Plc has inaugurated a multi-million naira cottage hospital in Obajana, Kogi State. The facility is aimed at improving access to quality healthcare for residents within the host communities of the company's cement manufacturing operations.
MTNN is currently trading around ₦810.00 per share.Price moves every day, but great businesses are built over years. https://t.co/YWpofoWWI1
Before the year began, I said we should all keep a close eye on the Nigerian Stock Exchange.So far in 2026, the NGX All Share Index is up 56.7% year-to-date, making it one of the best-performing stock markets in the world. In US dollar terms, Nigeria has been among the https://t.co/Tg4vRJB7Yu
@wealthcoachomi The prosperity in the NGX has just begun.
Finally, there are sellers today for Airtel Africa on #NGXAs for Aradel, they'll drag the price down today https://t.co/VoxUK70SZB
@TomolaGroup Solid 10 pick. I got mine too which are my top 10 watch list/holding for next 5 years, amongst them are MTN, GTCO & Dangote Cement.Diversification cannot be over emphasised, it's important for long term wealth building.
@anthonyuzum Zenith, Access, Firstco, Seplat, Aradel & GT✅✅
I might just be the only one that doesn’t have DANGCEM in their portfolio https://t.co/ip9S6sZnBv
If I was starting over with Nigerian stocks right now and wanted stuff I can actually hold for the long term, these are the 10 I would pick.Not for quick flips. Just solid companies with strong fundamentals, decent moats, good returns, and real staying power in this market.
Geregu Power Plc lost 105 of its market value on the Nigerian Exchange (NGX) as investors reduced holdings ahead of the earnings release.https://t.co/xBFXvGrAxR#GereguPower
@Judaeda3 Also realise that MTN, one of the companies you want to chase out is listed in the Nigerian Exchange and over 6.6 million Nigerians are shareholders, has paid trillions in tax to your government and employs only Nigerians. So MTN Nigeria is basically for Nigerians.
What is an IPO?
An IPO is when a private company sells shares to the public for the first time. It hires investment banks, files a prospectus with regulators (like Nigeria's SEC), sets a price, then lists on an exchange (NGX, JSE, etc.) where anyone can buy or trade shares.
🇳🇬 NGX Weekly Market Update | Week Ended Friday, 10 July 2026The Nigerian stock market continued its strong momentum last week as investors maintained buying interest across key sectors, pushing major indices higher and creating fresh opportunities for long-term investors.The
🇳🇬 NGX Weekly Market Update | Week Ended Friday, 10 July 2026The Nigerian stock market continued its strong momentum last week as investors maintained buying interest across key sectors, pushing major indices higher and creating fresh opportunities for long-term investors.The
The Nigerian naira maintained relative stability against the United States dollar in the official foreign exchange market, according to transactional data from the Central Bank of Nigeria's NFEM platform.
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