News
Market wraps, earnings commentary and explainers on NGX-listed companies.
Editorial placeholder content, not live news — see each article for detail.
NGX week in review: banks and industrials set the tone
A look at how the Tracked-20 composite moved this week, which sectors led, and what desks are watching into the next session.
Why Dangote Cement's capacity expansion matters for the sector
A explainer on how additional plant capacity typically flows through to volumes, unit costs, and margin — and what to watch in the next set of results.
Banking-sector earnings season: a reader's primer
Tier-1 banks report on staggered timelines. Here's what the recurring line items — NIM, cost-of-risk, CAR — actually tell you.
MTN Nigeria: what to watch beyond the headline subscriber count
Subscriber growth gets the headlines, but data revenue mix and FX-linked cost lines usually explain more of the year-on-year swing.
Dividend season: what yield actually tells you (and what it doesn't)
A high trailing yield can mean a generous payout policy — or a falling share price. Here's how to tell the difference before you chase it.
Oil & gas on the NGX: why Seplat and Oando trade on different drivers
Both are NGX-listed energy names, but upstream production economics and downstream/trading exposure pull their numbers in different directions.
New to NGX investing? Here's how settlement actually works
CSCS accounts, T+2 settlement, and why your broker matters more on the NGX than it might on other exchanges you've used.
How naira FX liquidity conditions show up in equity prices
Currency moves don't hit every NGX-listed sector the same way. A rough guide to which balance sheets are most exposed.
Consumer goods margins: Nestle, Nigerian Breweries and Guinness under one lens
Three FMCG names, three different exposure profiles to input costs, packaging, and consumer spending power.
Airtel Africa's dual listing: what NGX investors should know
Airtel Africa trades on both the NGX and the London Stock Exchange. Here's why that matters for how its shares are priced and covered.
How to read a market-cap sector breakdown (and its blind spots)
Sector-weight charts are a useful first glance at a market — as long as you remember what they leave out.