The Market Pulse

Market Activity and Trade Patterns
Retail participants dominated by number of trades, accounting for 65.07% of total transactions, while institutions continued to control the lion’s share of turnover at 81.58%. This suggests that retail activity remained broad, but institutional

NGX Daily Market Report For Wednesday, July 8, 2026
The Nigerian equities market closed on a strong note today, with the NGX All-Share Index (ASI) rising 2.27% to 237,083.28. Market breadth remained solid, and traded volume increased 7.96% to 472.23 million shares, even as

@jobsregion Latest Recruitment at Guaranty Trust Holding Company (GTCO)

This is why I advise newbies in the stock space to stick to NGX because imagine investing 100k and coming back to see 50k in just a day😭✌🏽

July 7, 2026

Bought shares worth N55k across:

Aradel
Gtco
Dangcem
Wema
Zenith

Fingers crossed 🤞

CBN mops up N1.06trn as cash surge fuels T-Bill demand

The Central Bank of Nigeria has withdrawn N1.06 trillion from the banking system to manage excess liquidity. The mop-up, conducted through a Treasury bills auction, was driven by a surge in cash that heightened demand for the debt instruments.

GTCO, where are you? 🥹 https://t.co/pZelKDpKct

@retiredRochaite @dammiedammie35 Nigerian stocks are far more liquid than the real estate market

June was like a robbery month on the NGX for an investor that has dry powder in his gun.

@JerryPhoenix_ Some well-known companies listed on the NGX exchange include:
Dangote Cement
MTN Nigeria
Guaranty Trust Holding Company
Zenith Bank
BUA Foods. And many more

@Afua_Ofeibea Stanbic…thank me later

Airtel Africa (+10%), Dangote Cement (+3%), Aradel (+8.7%) powered the NGX to yet another positive performance as July's bullish run continues.

Aradel, Zenith Bank and HBM (Lafarge) were the top traded stocks today by value.

The ASI has now returned 55.8% YTD.

📸: @Afrinvest https://t.co/BXM0e2iZgf

@OnuhIfeomablog Forex is scary compared to NGX. You may ask "what's NGX- Shares of companies listed on the Nigerian Exchange Limited, which is a subsidiary of the Nigerian Exchange Group.

@iamwalebanks Mr Wale dey burst my head😂💔 imagine GTCO, the last dividends was 11.76 naira, now imagine 500,000 x 11.76=5,880,000 even with 10% tax that’s easily 5.5m, omo 😂💔 Burst my head

PenCom Targets Deeper Capital Market Role As Pension Assets Hit N31.32trn

The National Pension Commission is strengthening its collaboration with the Nigerian capital market to utilize the pension industry's expanding pool of long-term savings. The initiative follows a recent surge in pension fund assets, which have climbed to a record N31.32 trillion.

Indigenous Oil Firms Say Nigeria’s Oil Industry Heavily Taxed

The Independent Petroleum Producers Group has requested a comprehensive review of the taxes and levies imposed on Nigeria's oil and gas sector. The group warns that multiple fees from various government agencies make the industry one of the most heavily taxed globally, potentially discouraging investment.

Stakeholders Seek Stronger Insurance Capacity to Deepen Oil, Gas Local Content

Stakeholders in the Nigerian insurance sector are advocating for a stronger domestic underwriting capacity within the oil and gas industry. Royal Exchange Plc leadership noted that building local capacity is crucial to maximizing the benefits of the nation's local content policy.

R.T. Briscoe shareholders have approved a ₦10 billion capital raise. 📈

If deployed wisely, this could accelerate expansion, strengthen the company's balance sheet, and support long-term growth.

But raising capital isn't automatically good news.

Investors should pay close

R.T. Briscoe shareholders have approved a ₦10 billion capital raise. 📈

If deployed wisely, this could accelerate expansion, strengthen the company's balance sheet, and support long-term growth.

But raising capital isn't automatically good news.

Investors should pay close

R.T. Briscoe shareholders have approved a ₦10 billion capital raise. 📈

If deployed wisely, this could accelerate expansion, strengthen the company's balance sheet, and support long-term growth.

But raising capital isn't automatically good news.

Investors should pay close