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GTCO and UBA slip as Zenith edges higher on NGX
Zenith Bank gained ground on the Nigerian Exchange as GTCO and UBA finished in the red, highlighting a split in sentiment across Nigeria’s biggest banking stocks.
Hillary RemyAug 8, 2026
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Zenith Bank gained ground on the Nigerian Exchange as GTCO and UBA finished in the red, highlighting a split in sentiment across Nigeria’s biggest banking stocks.
Nigerian families are walking away from homes, cars, and investments as food costs swallow household budgets, new CBN data shows.
Nigeria’s latest inflation expectations data shows the squeeze is not falling evenly across income groups, and the hardest-hit earners may surprise you.
MTN Nigeria dropped to ₦799 on the NGX as Airtel Africa surged nearly 10% to a record close, splitting the telecom sector in a single session.
Otedola’s Calvados Global Services spent N18.1 billion on fresh First HoldCo shares as the banking group’s stock touched an all-time high on the Nigerian Exchange.
NCR Nigeria’s 74th annual general meeting put a shrinking ₦80.3 million manager compensation figure in front of shareholders, while a string of governance changes flew under the radar.
TotalEnergies Marketing Nigeria lost a tenth of its stock value in a single NGX session, and the volume behind the drop raises uncomfortable questions about price discovery.
Guinness Nigeria dropped nearly 10% on August 5 as official closing prices fell across multiple sectors of the Nigerian Exchange amid thin trading volumes and ongoing profit-taking.
Wema Bank barely moved on August 5 while large-cap stocks stumbled across the NGX, and its half-year earnings may hold the answer.
BUA Foods shed a tenth of its value on the NGX in a single session, but the number of shares that actually changed hands raises more questions than the price drop itself.
Dangote Cement closed at exactly ₦1,000 on August 4 after opening the session at ₦1,034, landing on a round-number support level that could shape how investors approach Africa’s largest cement stock in the sessions ahead.
MTN Nigeria shed 6.5% to close at ₦790 on August 4, but the official list’s record of just 10 board-traded units raises more questions than the price drop itself.
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