Nigerian market news and social signals.
Market Snack archive11759 stories
🇳🇬 UZEE STOCKS UPDATE LTD | Corporate Market Update 🌍 Dangote Cement Sets Its Sights on London Dangote Cement is preparing for a significant milestone after shareholders approved plans for a secondary listing on the London Stock Exchange. If the plan moves forward, it could
🇳🇬 UZEE STOCKS UPDATE LTD | Pension Industry Update 📈 PenCom Gives Pension Fund Administrators More Investment Flexibility Nigeria's pension industry received an important policy boost this week as the National Pension Commission (PenCom) introduced a 24-month regulatory
🇳🇬 UZEE STOCKS UPDATE LTD | Corporate Nigeria Weekly Brief It was a busy week for regulators and corporate boardrooms across Nigeria, with major developments in banking, pensions, digital assets, and capital markets. 🏦 CBN Revokes Licences of 46 Microfinance Banks The biggest
Brent crude oil prices fell below seventy-two dollars per barrel after OPEC plus agreed to increase crude production targets for August. The decline in the global benchmark, which prices Nigerian crude, follows market expectations of increased supply and shifting demand dynamics.
Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08 billion for the 2025 financial year at the company's thirteenth Annual General Meeting in Lagos. The shareholders also approved other board resolutions, including key board re-elections.
PZ Cussons Nigeria Plc has reported a 364.08% increase in pre-tax profit to N77.32 billion for the year-to-date period ended May 31, 2026, up from N16.66 billion recorded in the same period of 2025.
📢 UZEE STOCKS UPDATE LTD | Academy Press 📊 Earnings Update: Academy Press Reports Weaker FY2026 Results Academy Press has released its full-year 2026 financial results, and the numbers show a challenging year for the company. 📉 Key Highlights Share Price: ₦6.40 7-Day
📢 UZEE STOCKS UPDATE LTD | Academy Press 📊 Earnings Update: Academy Press Reports Weaker FY2026 Results Academy Press has released its full-year 2026 financial results, and the numbers show a challenging year for the company. 📉 Key Highlights Share Price: ₦6.40 7-Day
Academy Press Plc reported a 78.38% decline in pre-tax profit to N253.45 million for its audited full year ended March 2026, down from N1.17 billion in the previous year. Consequently, the company has reduced its dividend payout to 10 kobo.
An analysis of Nigeria's fiscal position three years after the termination of the fuel subsidy program shows improved national finances. The assessment examines the allocation and impact of the saved funds on the broader economy.
An analysis of the fiscal outcomes following the termination of Nigeria's fuel subsidy program. The discussion focuses on the reallocation of saved funds and the general improvement in the nation's public finances over the last three years.
The Nigerian naira demonstrated relative stability on July 6, 2026, trading at approximately ₦1,370.33 against the United States dollar at the official Nigerian Foreign Exchange Market.
The Nigerian stock market recorded its third consecutive weekly decline as profit-taking in blue-chip stocks wiped out N1.8 trillion. However, the pace of the market's decline is moderating, while analysts project potential monetary policy tightening in the second half of 2026.
@Folarryne @AishaYesufu A simple ChatGpt would have helped you: "Major reconstruction and rehabilitation were carried out during the administration of Muhammadu Buhari. In 2022, the Federal Executive Council approved a tax credit arrangement involving MTN Nigeria to fund reconstruction of the road"
@DeeOneAyekooto Simple ChatGpt would have helped you. Major reconstruction and rehabilitation were carried out during the administration of Muhammadu Buhari. In 2022, the Federal Executive Council approved a tax credit arrangement involving MTN Nigeria to fund reconstruction of the road
The foreign exchange rate between the Nigerian Naira and the United States Dollar remained stable in the parallel market on Monday. Currency traders attributed the steady rate to balanced supply and demand dynamics across major domestic Bureau De Change hubs.
CBN, NGX Group impose N530.9m sanctions on Jaiz Bank, others for failing AML regulations https://t.co/TeHSwyXSZl
The Centre for the Promotion of Private Enterprise projects gradual economic growth for Nigeria in the second half of 2026. The forecast highlights key growth drivers in financial services, telecommunications, construction, trade, and oil refining, while warning of potential election-related risks.
The Nigerian stock market closed the week ended July 3, 2026, on a bearish note, with the NGX All-Share Index declining by 1.21 percent to settle at 229,240.34 points. The decline was driven by profit-taking across key sectors despite a surge in trading activity that saw investors exchange transactions valued at ₦154.4 billion.
Nigerian equities market to remain cautious this week, says analysts https://t.co/27DPdLIQLU
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