Nigerian market news and social signals.
Market Snack archive11755 stories
Dangcem, MTN and Aradel:Didn’t check my portfolio on bamboo since awhile, i did this morning and it was down 8% but at market close today it’s now -3%, stocks above are responsible for that. https://t.co/3w4HMuXclh
That was an explosive start to the Week on the NGXThe market went up +2.15% todayDANGCEM, MTN, ARADEL, WAPCO all on the move.We're not out of the woods yet but it seems like the general selling pressure and profit taken across board is finally over https://t.co/Sw5ebbpPYc
Dangcem is back currently trading above 900.
United Bank for Africa announced that billionaire investor Tony Elumelu will retire as Group Chairman after twelve years. Emmanuel Nnorom has been appointed as the incoming Chairman to succeed Elumelu on the bank's board.
United Bank for Africa Plc has announced that Group Chairman Tony Elumelu will retire on August 21, 2026, after serving a twelve-year tenure. The financial institution has named Emmanuel Nnorom as his successor to lead the board.
𝘿𝙤𝙣𝙩 𝙘𝙤𝙥𝙮 𝙢𝙮 𝙨𝙩𝙤𝙘𝙠 𝙢𝙖𝙧𝙠𝙚𝙩 𝙨𝙩𝙧𝙖𝙩𝙚𝙜𝙮 𝙄𝙩 𝙬𝙖𝙨 𝙗𝙪𝙞𝙡𝙩 𝙛𝙤𝙧 𝙢𝙮 𝙡𝙞𝙛𝙚 𝙣𝙤𝙩 𝙮𝙤𝙪𝙧𝙨I entered the Nigerian stock market in 2007 with a very different mindset from most investors.I never saw stocks as something to buy today and flip
The Nigerian Midstream and Downstream Petroleum Regulatory Authority is collaborating with key industry stakeholders to establish a cost-reflective retail pump price for Premium Motor Spirit. The initiative aims to align domestic petrol prices with prevailing market realities.
End of an era, start of a new chapter for UBA. 🦅After 12 transformative years, Tony Elumelu is stepping down as Group Chairman on August 21, 2026 (per CBN's tenure limits).Stepping into the shoes? Emmanuel Nnorom.If you are new to the NGX, here is why this name matters: https://t.co/2kt1aYhr6o
Meet Tony Elumelu's successor at UBA, Emmanuel N Nnorom, FCA FCIBEmmanuel Nnorom is a prominent Nigerian business executive who serves as the Group Chief Executive Officer of Heirs Holdings, a pan-African proprietary investment company focused on sectors such as power, energy, https://t.co/Ko6SaotYWj https://t.co/wfLs32NZtY
Emmanuel N. Nnorom
Meet the man stepping in as the incoming Group Chairman of United Bank for Africa (UBA) effective August 21, 2026.If you want to understand the engine behind some of the NGX's most resilient tickers, you need to know his track record.Here is the https://t.co/0QNZFFZbrz
The Federal Workers Forum has urged the Federal Government to approve a three hundred thousand Naira national minimum wage. The labor group is also demanding the immediate payment of outstanding wage awards, salary arrears, and other worker entitlements.
Dangote Cement is going to London. 🇬🇧This week, shareholders approved a secondary listing on the London Stock Exchange, putting Africa's biggest cement maker alongside GTCO, Seplat and Airtel Africa in one of the world's deepest capital markets.The plan is to sell about 10%
Join us at the Exchange for a Closing Gong Ceremony as we mark 30 years of Custody Business in Nigeria with @StanbicIBTC celebrating three decades of safeguarding investor assets and strengthening Nigeria's capital market.
#Closinggongceremony #StanbicibtcatNGX https://t.co/2qXZpKTCHZ
@FredrickOdey @ngxgrp Definitely a positive step. Expanding Commercial Paper listings on the Nigerian Exchange Group platform strengthens capital market infrastructure and provides companies with more flexible funding options in the short term.
Femi Otedola doesn’t play by the usual corporate rules. While other billionaires are busy trying to buy up entire sectors and hold them forever, Otedola uses a hyper-aggressive "capital recycling" strategy that completely disrupts the NGXIf you’re a young investor trying to
I think , this is a Great initiative by @ngxgrp
– listing Commercial Papers on NGX looks like a smart move for quick capital. https://t.co/oai0gFstsY
The Association of Securities Dealing Houses of Nigeria has warned its members against participating in unauthorized share offers of the Dangote Petroleum Refinery. Meanwhile, independent petroleum marketers have reached a new pricing agreement with the refinery, which could adjust retail petrol prices.
DANGCEMAgain, we are playing accordingly, all I wanna see is the Bulls breaking above the N1,000/share#NFA https://t.co/bBuFqjDJ0f https://t.co/o57IYgB6Xx
Tony Elumelu is set to retire as the Chairman of United Bank for Africa Plc next month, complying with Central Bank of Nigeria guidelines. Non-Executive Director Emmanuel Nnorom is named as his successor.
DangCem on full bid at 980.10 , although the last trade above 100k units is at 963. Is this where shareholders are deploying their freshly paid dividend? https://t.co/CQ93BuaLCR
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