Author: Gilbert Ayoola

BUA Cement Rallies to Record High Ahead of N10 Dividend Proposal BUA Cement Plc delivered a strong bullish performance on Friday, March 13, 2026, closing at N270.00 per share, representing a 20% surge week-on-week and significantly outperforming its 50-day moving average of N200.67. The rally pushed the stock to both an all-time high and a new 52-week peak, underscoring heightened investor interest on the Nigerian Exchange. The price momentum appears closely linked to market anticipation surrounding the Board of Directors’ proposed dividend of N10 per share for the 2025 financial year, a payout that has strengthened the stock’s value proposition…

NAHCO’s Licensing Edge Catalyzes Cross-Sector Value Creation in Nigeria’s Equity Market The expansion of specialised logistics capabilities by Nigerian Aviation Handling Company Plc (NAHCO) is strengthening an emerging industrial ecosystem that connects healthcare logistics, pharmaceutical manufacturing inputs, and industrial production. This convergence is gradually attracting investor attention within Nigeria’s equity market as interdependent sectors begin to operate within a more integrated value chain framework. At the center of this development is NAHCO’s regulatory positioning as the only licensed transporter of radiopharmaceuticals used for PET-CT oncology diagnostics at Mecure Industries through its diagnostic subsidiary Mecure Diagnostics. The licensing advantage places NAHCO…

As MTN Nigeria accelerates the expansion of its data centres and nationwide fibre infrastructure, the telecommunications giant will continue to rely on long-standing technology partners to sustain its operational and digital growth strategy.

NB Takes Early Bet on Recycle PET Ahead of Regulation In a move that may have slipped beneath the radar of many market observers, Nigerian Breweries has taken a calculated step that reflects both regulatory foresight and long-term supply chain strategy. With a market value of N2.4 trillion, Nigerian Breweries Plc returned to profitability in the financial year 2025, reversing negative performance in the prior year driven by higher product pricing. The brewer recently entered into a strategic partnership to establish a food-grade recycled Polyethylene Terephthalate (rPET) production facility in Ogun State, securing a 29% equity stake in the project.…

Transcorp Hotels Plc hit a 52-week high as investor sentiment in the hospitality sector improved, aligning with the positive momentum on the Nigerian Exchange last week.

Nigerian Exchange Group Extends Rally, Hits Record High Nigerian Exchange Group Plc delivered another emphatic performance on Wednesday, March 11, 2026, extending its bullish run on the Nigerian bourse as investors intensified demand for the exchange operator’s shares. The stock surged by N16.95, representing the maximum daily gain of 10 percent, to close the trading session at N186.45, marking a new all-time high and aligning with its 52-week peak. The strong advance followed an opening price of N169.50, reflecting persistent buying pressure throughout the trading day. The rally underscores strengthening investor confidence in the exchange group’s strategic outlook and capital…

Cadbury Nigeria Plc has continued to attract renewed investor attention on the Nigerian Exchange, with the stock demonstrating notable short-term momentum in early 2026.

Dangote Refinery’s Petrol Price Adjustment: Market Realities Behind the Hike The recent adjustment in petrol prices by Dangote Refinery has triggered nationwide debate, yet from a financial market perspective the decision reflects mounting structural pressures within global energy markets rather than an isolated domestic pricing move. The refinery’s management has clarified that the adjustment aligns with prevailing international cost structures, crude procurement dynamics, and geopolitical tensions shaping the global oil market. According to the Managing Director of the refinery, David Bird, the facility operates within the realities of the international energy pricing framework. Although located in Nigeria, the refinery acquires…

Conoil Rallies as Investors Reprice Downstream Plays Shares of Conoil Plc staged a notable advance in the equities market, closing the trading session as the top gainer amid renewed investor interest in downstream petroleum marketing stock. The rally comes amid escalating petrol pump prices across Nigeria, a development that has increasingly shifted investor attention toward companies positioned to benefit from widening margins in the downstream segment. The stock appreciated by N16.90, representing the maximum daily gain of 10%, to close at N185.90 after opening the session at N169.00. The strong price movement placed Conoil at the top of the gainers’…

United Capital Infrastructure Fund Posts 24.62% Return The United Capital Plc Infrastructure Fund delivered a 24.62% gross return in FY2025, reinforcing its position as one of Nigeria’s stronger-performing alternative investment vehicles and underscoring growing investor appetite for infrastructure-linked assets. According to the fund manager, the performance was supported by stable cash flows from underlying infrastructure investments, disciplined portfolio management, and sustained demand for long-duration assets that hedge against inflation and macroeconomic volatility. On the back of this performance, the fund is poised to distribute approximately N6.2 billion to investors, reflecting both realised income and the fund’s commitment to maintaining consistent…