Nigerian market news and social signals.
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The National Pension Commission has announced plans to deepen its engagement with the Nigerian capital market. This initiative aims to deploy more of the pension industry's N31.32 trillion assets, which represent the country's largest pool of long-term passive savings, into capital market instruments.
💹 NGX Equities Snapshot – July 7, 2026
All Share Index - 234,208 (+0.98%)
Value Traded - N28 Billion
Market Deals - 49,968
Volume of Shares Traded - 493,672,920
Total Equity Market Cap – N152 TrillionFollow @vantarhq for daily market updates & learn more
Most NGX stocks offers both Capital appreciation and good dividends altogether-I wonder why most investors want to compulsorily segregate.
@amenya_nelson Two separate mechanisms are being conflated in the coverage — worth untangling:
1. NGX primary listing + secondary listings/DRs (the refinery IPO itself)
Primary listing on Nigerian Exchange (NGX), targeting 5–10% of Dangote Petroleum Refinery & Petrochemicals FZE, $40–50B
Geregu Power Plc has relocated its registered office in Abuja following approval from its Board of Directors. The power generation company announced the change in a regulatory filing submitted to the Nigerian Exchange Limited.
Data from the Central Bank of Nigeria shows that the naira depreciated by eight naira to trade at 1,379 naira per dollar. This indicative exchange rate marks a decline from the 1,371 naira per dollar recorded on Monday.
Global crude oil prices rose significantly with Brent North Sea crude jumping over five percent to seventy-eight dollars a barrel. The increase followed statements regarding the termination of the Iran ceasefire, which also pushed United States West Texas Intermediate crude up by over five percent.
Oando PLC has reported an audited Profit After Tax of N204.8 billion and generated N258.3 billion in cash from operations for the year ended December 31, 2025. The company also recorded a 32 percent year-on-year increase in average daily production to 32,482 barrels of oil equivalent.
Analysts at Cordros Securities have revised their projections for Nigeria's inflation, expecting it to end 2026 at 16 percent. Consequently, the firm has abandoned its expectations for monetary policy rate cuts over the period.
The Federal Government of Nigeria has suspended the implementation of recently introduced regulations for internet platforms and online intermediaries. Minister of Communications, Innovation and Digital Economy, Bosun Tijani, directed regulators to halt enforcement pending the development of a harmonized national policy framework.
The Nigerian National Petroleum Company Limited achieved a 3.4 billion dollar cost reduction through contract restructuring and operational optimisation. The state oil firm also reported a six percent rise in crude oil production and an eight point one percent increase in gas output over the past year.
Governor Hope Uzodimma of Imo State has met with executives of the Anoh Gas Processing Company to reaffirm their strategic economic partnership. This collaboration aims to foster gas-infrastructure development and drive economic growth within the state.
The National Sugar Development Council has launched an elite residential training programme under the National Sugar Master Plan 2.0. The initiative aims to build a skilled workforce to align field and factory capabilities, driving Nigeria toward sugar self-sufficiency.
BUA Foods Plc has scheduled its fifth Annual General Meeting for July 15 in Abuja to present its audited financial statements for the year ended December 31, 2025. Shareholders will also vote on a proposed dividend of twenty-eight naira per ordinary share.
The Nigeria Infrastructure Debt Fund has declared a distribution of ₦4.40 per unit for the second quarter of 2026. This announcement follows the fund reporting a profit after tax of ₦10.63 billion for the first half of the year, with payment scheduled for July 27, 2026.
The Nigerian naira started the midweek trading session holding steady against the British pound sterling at N1,827 per pound in the foreign exchange market. Foreign exchange rates in the parallel market experienced minor fluctuations driven by local liquidity conditions.
Oando Foundation has completed the pilot phase of its School STEAM Project across 30 public primary schools in Rivers State. The initiative benefited over 15,000 pupils, training them in problem-solving, creative, collaborative, and critical thinking skills through hands-on experiential learning.
Stanbic IBTC Capital Wins Best Investment Bank in Nigeria at the 2026 Global Banking and Finance Review Awards https://t.co/VmOmMm8qbW
🌞 Good morning & Happy Midweek, investors!
Every great portfolio starts with one smart decision. Stay patient, stay informed, and let time work in your favor.
Which Nigerian stock are you most bullish on for the rest of 2026, and why? 📈🇳🇬
#NGX #NigerianStocks #Investing https://t.co/hN6G4aDmwZ
📈 Watchlist Update: NAHCO & NGXGROUP – What Investors Should Know✈️ NAHCO (Nigerian Aviation Handling Company)Current Price: ₦147.00NAHCO's business remains solid, but its share price has become more volatile in recent months.Key takeaways:📊 The stock has been moving
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