Nigerian market news and social signals.
Market Snack archive11752 stories
The Nigerian Insurers Association has instructed individuals and businesses affected by recent flooding in Lagos State to notify their insurance companies to initiate claims payments. This development is expected to affect the claims liabilities of insurers in the financial services sector.
The Nigerian Communications Commission has held its second stakeholders' forum to review the proposed pricing methodology and assumptions for the ongoing study on the Dig-Once Policy framework, aiming to promote equal infrastructure visibility and access management.
The National Identity Management Commission has registered over 137 million Nigerians into the national identity database. President Bola Tinubu has directed the agency to achieve full enrolment for all citizens by the end of 2026 to enhance national database integration.
NGX Market Update: A Healthy Pullback!Nigerian Bourse Closes Slightly Lower Amid Portfolio Rebalancing In Blue-Chip StocksThe Nigerian Exchange took a breather on July 10, 2026, closing slightly lower after 5 straight days of record-breaking gains.Key Highlights:✅
NGX Market Update: A Healthy Pullback!Nigerian Bourse Closes Slightly Lower Amid Portfolio Rebalancing In Blue-Chip StocksThe Nigerian Exchange took a breather on July 10, 2026, closing slightly lower after 5 straight days of record-breaking gains.Key Highlights:✅
Nestlé Nigeria has reaffirmed its eight-year partnership with the Activate Success International Foundation to promote youth entrepreneurship and empowerment across Nigeria, building on their shared history of supporting emerging businesses and developing skills among young people.
MTN Nigeria has launched bundled broadband solutions that pair data plans with compatible routers. The initiative aims to enhance broadband penetration and improve internet access for households and small businesses across the country.
Nigeria has exceeded its OPEC-mandated crude oil production quota for the second consecutive month, with June output hitting a six-year high. The growth in production volumes supports fiscal revenues and overall foreign exchange inflows.
Nigeria’s Stock Market Is #1 in the World Right Now — What does that mean for you? Before the New WeekAccording to Bloomberg, Nigeria's stock market benchmark index has returned 67% in dollar terms this year, outpacing South Korea's 66% gain on the Kospi to become the world's https://t.co/Ti6kI1WDH4
Nigeria's daily crude oil production, excluding condensates, increased by 2.3 percent to 1.56 million barrels per day in June, up from 1.53 million barrels in May. Data from the Nigerian Upstream Petroleum Regulatory Commission indicates that total daily production reached 1.74 million barrels.
Dangote Group has launched a crackdown on unauthorized haulage activities, offering a five hundred thousand Naira reward to whistleblowers who report any of its trucks transporting illegal goods. The company warned that drivers and cargo owners involved in such activities face arrest and prosecution.
@Cordisai Glo and Airtel are trending because a university students’ president called for MTN to leave Nigeria over renewed xenophobic attacks targeting Nigerians in South Africa, naming them as better local alternatives.The outrage is genuine. Xenophobia in SA is a real, recurring
Nigeria's average crude oil and condensate production rose to 1.74 million barrels per day in June 2026, marking four consecutive months of growth. According to the NUPRC, actual crude oil production reached 1.56 million barrels per day, meeting 104 percent of the country's OPEC quota.
On 9 July 2019, Airtel Africa listed on the NGX at ₦363 per share.Today, it trades at over ₦4,000 per share.Back then, many people ignored it.Today, many of those same people say:“Had I known, I would have bought thousands of shares."The reality is that every
NGX being the worlds best stock exchange in terms of returns out of 92 stock exchanges is expected considering the bullish run with had.But don’t FOMO your way into the market. Understand that down times are part of investments.
Nigerian Exchange Group has engaged with FTSE Russell and international investors in London to address concerns following the pause on Nigeria's reclassification to Frontier Market status. The meetings focused on Nigeria's transition to a T+1 settlement cycle and alignment with global market standards.
UAC of Nigeria PLC (UACN) 5-Year Performance 📊📊
(2021 - 2025).Revenue
UACN’s top-line has been on an upward trajectory, scaling consistently from ₦101.28B in 2021 to a massive ₦340.47B in 2025.2025 Growth: Revenue jumped +73% in 2025 to ₦340.47B. The massive 73% growth https://t.co/iFOl4xVCl7
NGX took the FTSE Russell Frontier Market concern directly to London - met with FTSE Russell, global custodians & institutional investors over T+1 settlement worries. Nigeria's case: DvP intact, 5pm cutoff built for cross-border investors. Proposals tabled, no decision yet. https://t.co/I6Wehmio1w
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’ portfolio value increased by more than N9.3 trillion last week.https://t.co/Dru5jArMwU#Stockmarket #NGX
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’ portfolio value increased by more than N9.3 trillion last week.https://t.co/B8jaJJwBk1#Stockmarket #NGX
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