The Market Pulse

Segun Agbaje, the Group CEO of GTCO, on why GTCO is not interested in expanding to South Africa.

He says South Africa is a mature market. All South African companies making money are making it from Nigeria.

He cannot go to SA to make money while they're coming here. https://t.co/u69RflXbSW

Tony Elumelu to Retire as UBA Group Chairman After 12 Years, Emmanuel Nnorom Named Successor

https://t.co/Tj7DxSVfoR

Tony Elumelu to Retire as UBA Group Chairman After 12 Years, Emmanuel Nnorom Named Successor. https://t.co/mePC2K2hHR

@DeeOneAyekooto The Nigerian Exchange (NGX) All-Share Index currently rates as the world's best-performing equity market in $ terms, surging over 67% year-to-date. The benchmark index hovers around 243,959 points with the overall stock market capitalization exceeding ₦160 trillion.

@olumidecapital With NGX delivering the top dollar returns globally this year, parking USD in local banks looks like a missed opportunity now.

I recently opened a Stanbic mutual fund account.

The truth is, you prepare before the rain comes. Don't wait for the rain before you get prepared. That's how many people miss opportunities.

@asemota @notadeepdive My mum lost so much in the stocks market, as an avid investor. The trauma never left, I look at the NGX with, “what if". Perhaps it’s still the singular reason I haven’t gone all in. Most millennials saw this happen to their parents and the lack of consequences thereof

Solar Now Supplies 20% Of Nigeria’s Electricity, May Hit 50% By 2028 – REA

The Rural Electrification Agency reports that solar power now accounts for approximately 20 percent of Nigeria's electricity supply. This share could rise to 50 percent by 2029, driven by ongoing deployment expansion and collaborative private-sector partnerships across the country.

Nigerian Stock Market Records 68% Year-to-date Returns, Emerges World’s Top-performing

The Nigerian stock market has emerged as the world's top-performing market, delivering 68 percent dollar-based returns year-to-date. The benchmark index has outperformed South Korea's Kospi index, which faced pressure due to souring sentiment toward artificial intelligence stocks.

We are pleased to announce that the NNPC/Seplat Energy Nigeria Producing Unlimited (SEPNU) Joint Venture has signed a 15-year Wet Gas Sale and Purchase Agreement (WGSPA) with UTM Offshore Limited to supply 200MMscfd of wet gas to the UTM Floating LNG (FLNG) Project.

Signed https://t.co/18BnuuZp0S

NIA Urges Flood Victims To Notify Insurers Promptly

The Nigerian Insurers Association has advised policyholders affected by recent floods in Lagos State to immediately report their losses and initiate claims with their insurance providers. The association expressed sympathy to those impacted while emphasizing the importance of prompt notification to facilitate quick settlement processes.

📊 NGX Market Watch
#FIRSTHOLDCO, #ACCESSCORP, #FCMB, and #FIDELITYBK were among the banking stocks attracting investor attention.
#NGX #NigerianStockMarket #BankingSector https://t.co/c8nZLXr6ZK

First HoldCo, MTNN, other FUGAZ banks power NGX to N961.75 billion gain https://t.co/HESs0egKJL https://t.co/dgrsaJGdeI

First HoldCo, MTNN, other FUGAZ banks power NGX to N961.75 billion gain

The Nigerian equities market recorded a N961.75 billion gain in market capitalization, driven by sustained buying in First HoldCo, MTN Nigeria, and Zenith Bank. This fifth consecutive positive session pushed the year-to-date return to 56.77%, representing the highest level since June.

Nigerian Equities Become World's Best Performer, Surpass South Korea

Nigeria's stock market has emerged as the world's top-performing equity market in dollar terms, overtaking South Korea following a strong rally driven by economic reforms, improved foreign exchange liquidity https://t.co/GMoGrMplyu

Banking stocks remain a key area of interest, while investors continue rotating into fundamentally strong companies with long-term growth potential.

🏦 Jaiz Bank
🍬 Dangote Sugar
🏛️ GTCO

Long-term investing is about consistency, not chasing every move.

Cocoa hits 24-week high amid heavy rains in Nigeria, Ghana and Ivory Coast

Cocoa prices have rebounded to a 24-week high following heavy rainfall across major West African producing nations, including Nigeria, Ghana, and Ivory Coast. This weather disruption has constrained supply, reversing a prior downward trend from earlier in the year.

@Mansaah_Musa You just found out...... Lol

Do research..... No.

I read your comments here and you try to defend it by saying people didn't see your previous post. So, one has seek out your handle for that..... 😂🙆
And even there you didn't say he was in FCMB rather Capital market.

Elumelu will transition further into oil and gas, becoming chairman of Seplat Energy in January 2027 after Heirs Energies' major acquisition.
Elumelu's business interests now span various sectors, including finance, energy, hospitality, technology, and philanthropy

The Nigerian stock market (NGX) has made headlines again.

It is the best performing stock market in the world delivering a 67% YTD returns in dollar terms so far this year.

Not just this year alone.

The NGX has been bullish over the past 5 years.

Some of these factors have