Author: Gilbert Ayoola
Jaiz Bank: Repricing Momentum Signals Market Conviction Jaiz Bank Plc extended its bullish trajectory on Wednesday, reflecting renewed investor confidence as the market reprices the stock against improving fundamentals and regulatory clarity. The rally is unfolding against expectations that the bank will successfully meet the Central Bank of Nigeria’s (CBN) capital raise requirements, a key catalyst driving sentiment across the banking space. The stock advanced for the third consecutive trading session, underscoring sustained buying interest. Jaiz Bank opened the day at N7.46 and climbed to close at N8.20, gaining 9.92% to top the gainers’ chart. The move marked both a…
7.5% VAT on Mobile, USSD Transfer: What It Means for Digital Banking From January 19, 2026, Nigerian bank customers will begin paying a 7.5% Value Added Tax (VAT) on mobile banking transfers, USSD transactions, and related electronic banking services. This development, alongside the existing N50 stamp duty on electronic transfers of N10,000 and above, marks a significant shift in the cost structure of everyday banking in Nigeria and signals a new phase in the country’s digital finance transition. Under the new regime, VAT will apply to service fees charged by banks for mobile app transfers, USSD banking, and other electronic…
Seplat Energy Powers the Market into the Green Seplat Energy Plc delivered one of the most decisive performances on the Nigerian Exchange on Wednesday, January 14, 2026, emerging as a key catalyst that pushed the All-Share Index into positive territory amid a broadly selective market. In a session dominated by mid-cap leadership, Seplat stood out with a powerful combination of price appreciation, liquidity, and renewed investor conviction. The stock surged by N529, representing an 8.57% intraday on gainers chart, to close at N6,700.00 per share, marking a significant technical and psychological breakout. Trading activity was robust, with 610,767 shares exchanged,…
MTN Nigeria Rallies to Record High on Renewed Investor Confidence Trading activities on Tuesday reflected a renewed wave of optimism in MTN Nigeria Plc, as the stock delivered one of the most notable performances on the Nigerian Exchange (NGX). MTN Nigeria surged by N55 per share, closing at N605, marking both a new 52-week high and an all-time market high. The sharp appreciation was driven by strong investor demand, positioning the stock as a clear market outperformer for the session. The rally signals a decisive recovery phase for the telecom giant, following a prolonged period of pressure that had weighed…
NCR Hits Record High Fuels by Sentiment-Driven Rally Trading at its 52 week high on the Nigerian Exchange, NCR Nigeria Plc delivered a decisive technical and sentiment-led performance at the start of the week on Monday. The ICT stock extended its upward trajectory as the stock surged beyond its 50-day moving average of N54.12 today to close at N87.90 per share on NGX. The close simultaneously matched the company’s 52-week high and its market high, underscoring the strength of the breakout and the conviction behind recent flows. The rally translated to an absolute gain of N33.78 on its moving average,…
Oando: Building Enduring Value through Long-Term Commitment In capital markets, sustainable value creation is rarely driven by speed. It is shaped by patience, disciplined capital allocation, and a strategic willingness to invest ahead of visible returns. This philosophy increasingly defines Oando’s evolution as the company positions itself for long-term growth in a changing energy and economic landscape. At the core of this new era is a broadened understanding of value creation, one that extends beyond near-term financial performance to include institutional resilience, human capital development, and stakeholder alignment. The work of the Oando Foundation offers a clear illustration of this…
Three Capitals of Personal Development: A Balanced Path to Respect and Integrity From a personal development analyst’s perspective, sustainable success rests on the disciplined cultivation of three interdependent forms of capital: knowledge, reputation, and financial capital. Each is powerful alone, but only in balance do they generate durable achievement, social respect, and personal integrity. Knowledge capital is the foundational asset. It includes formal education, experiential learning, and the ability to think critically in complex environments. Knowledge compounds quietly; it sharpens judgment, reduces costly errors, and enables adaptability as conditions change. Yet knowledge without application stagnates into potential. Growth requires converting…
IMG Pops as Technical Breakout Meets Fragile Fundamental Industrial and Medical Gases Nigeria Plc (IMG) recorded a strong showing in the week that ended Friday, January 9, 2026, as renewed demand pushed the stock to the top of the gainers’ table. The share price advanced by the maximum allowable 10%, rising from N32.00 to close the week at N35.20, delivering a N3.20 gain. This rally brought IMG directly to its 200-day moving average at N35.21, a key technical resistance and sentiment gauge for medium-term investors, though still well below its 52-week high of N42.45. The recent price appreciation appears largely…
Neimeth: Repricing on Renewed Institutional Interest Neimeth International Pharmaceuticals Plc emerged as a notable beneficiary of renewed investor attention on Thursday’s trading session, as the market continued its selective repricing of fundamentally sound equities amid a broad-based rally. The renewed momentum in Neimeth’s stock was catalysed by disclosures that FPCNL Tangerine APT Fund II Invest has acquired a strategic stake exceeding 5 per cent of the company’s issued share capital, reinforcing confidence in the firm’s medium-to long-term prospects. The entry of an institutional investor of this calibre is significant. It signals validation of Neimeth’s operational turnaround narrative, balance sheet resilience,…
Market Outlook: Strategic Capital Reallocation Sets the Tone for Early 2026 The Nigerian equities market opened the first few trading days of 2026 on a firm footing, sustaining positive momentum and offering investors a clearer sense of direction across key sectors. Early price action reflects renewed confidence, driven less by speculation and more by high-profile strategic capital moves that have helped define the market’s near-term outlook. At the centre of this momentum is Mr. Femi Otedola’s landmark exit from Geregu Power. The transaction stands as a textbook case of value crystallisation: entering the power sector early, scaling efficiently, and exiting…