Every journey has moments that remind you why you started.
For us, Wema Hackaholics was one of those moments.
This year, we had the opportunity to experience two editions in Lagos. Two different moments, new faces, fresh ideas, meaningful conversations, and countless https://t.co/u5h64DGwOr
Last week, the NGX top gainers list looked exciting.
One stock rose 30%. Another rose 32%.
Do you know how much money actually changed hands?
One of them traded about โฆ3 million for the week. Zenith, the most traded stock, did about โฆ12 billion.
That's roughly 4,000 times more.
Last week, the NGX top gainers list looked exciting.
One stock rose 30%. Another rose 32%.
Do you know how much money actually changed hands?
One of them traded about โฆ3 million for the week. Zenith, the most traded stock, did about โฆ12 billion.
That's roughly 4,000 times more.
Kayode Tokede The major overhaul of Nigeriaโs tax system by the federal government has started to yield fruits as just 20 firms listed on the Nigerian Exchange Limited (NGX) paid a https://t.co/t7jvfKtoqM
CAPPA says Nigeriaโs N9.2 million tobacco control budget is insufficient to address tobacco-related deaths. The report also concerns efforts by Customs and BATN to combat illicit tobacco trade in Nigeria, a development relevant to the consumer goods sector.
Friday on the NGX: ASI barely moved, closing at 247,540 (-0.07%). THOMASWY led the gainers +10%, UPDCREIT dropped 10%. One to watch: the Dangote Refinery IPO closes 27 Oct. https://t.co/nPKZIWRMlS #NGX https://t.co/yxTFThbst2
Berger Paints Nigeria Plc shares gained 207.5% in 2026, turning a N100,000 investment at the start of the year into approximately N307,500, excluding dividends and trading costs. The article examines whether the stock is now too expensive.
What happened over the weekendโand what should investors watch this Monday?
๐ณ๐ฌ NGX โ SELLING PRESSURE
The All-Share Index closed Friday at 247,539.73, down 0.07%. Nigerian equities lost 0.33% for the week, extending their decline to
What happened over the weekendโand what should investors watch this Monday?
๐ณ๐ฌ NGX โ SELLING PRESSURE
The All-Share Index closed Friday at 247,539.73, down 0.07%. Nigerian equities lost 0.33% for the week, extending their decline to
Aradel Holdings has more than doubled investorsโ money in 2026, while investors who bought at its April peak have seen a different share-performance outcome. The article considers whether the stock may have further room to rise.
A lower value is better for value - P/S, EV/EBITDA, P/B, P/E. A higher ROE is better for quality
Winner in Each Metric
1. P/S (Price to Sales) - How cheap vs revenue
Overall winner: DPRP (IPO) - 1.72x
Listed winner: Seplat Energy - 2.10
DPRP is pricing sales the cheapest. Among https://t.co/rEl482HlIw
The Federal Government had disbursed N658.9 billion in direct cash transfers to 10.46 million poor and vulnerable households by September 2026, according to the World Bankโs latest Nigeria Development Update. The report also flagged gaps in the transfer programme.
Brent crude fell $1.98, or 1.80%, to $107.88 on Monday as the United States moved to ease sanctions on Russia, raising expectations of additional global fuel supplies. The decline came amid continued disruptions to oil shipments from the Middle East.
The Federal Government raised N2.42 trillion through Treasury bill sales in September 2026, up 8.95% from N2.22 trillion in August. The increase came as investors continued allocating funds to short-term government securities despite declining yields, reflecting the governmentโs reliance on domestic borrowing for financing and refinancing.
Renaissance Capital Africa raised its estimated value of Dangote Petroleum Refinery to N700.41 per share, 33.4% above the N525 IPO offer price. The research update attributed the revised valuation to increased earnings and stronger refining margins.
The belief that whenever a rich person advertises something, it must be a scheme to rob the poor is a funny and harmful mentality.
Every serious business needs strong marketing. If Dangote didnโt push the IPO aggressively, how would the average Nigerian even know the shares https://t.co/VMfoQx4hd9
NGX bond trading reached 2.643 million units valued at N2.641 billion across 56 deals in the week ended October 16, 2026. Transactions were driven primarily by NBET2033S1B, compared with 144,034 units worth N146.416 million in 48 deals in the preceding week.