₦airaland Forum

NGX At A Critical Level For Fundamentalist & Technians: Which Way Market Players... Join me for InvestData Live with Ambrose Omordion by 12pm.

Hello Investors and Traders,

Investdata Trading Academy Live with Ambrose

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

Don't forget to like, subscribe and share

Ambrose Omordion

Inflation is cooling to ~12.9%.
The NGX is heating up to 176,000+ points.

Is the "Fixed Income era" over?

For months, high interest rates kept investors locked in T-Bills. But with inflation moderating, "Real Returns" are migrating back to Stocks. The NGX has already delivered 13.6% in just the first 6 weeks of 2026!

Look at the leaders:
✅ Banking (Recapitalization plays)
✅ Industrial Goods (Infrastructure boom)
✅ Oil & Gas (Upstream gains)
Smart money is no longer waiting. The rotation from Fixed Income to Equities has started.

Don't get left behind in "safe" assets that lose value to growth. It’s time to pick fundamentally strong tickers.

What’s your move? Are you sticking with the safety of Fixed Income or riding the Equity wave?

Ready to join our watchlist of high-potential stocks?

WHATSAPP 'YES' or 'STOCKS' to 08028164085 to sign up for our Buy & Sell signal setup today!

Keep Your Production Lines Moving.

Trusted by Lagos factories for expert mechanical and electrical equipment maintenance. We don’t just fix—we optimize for longevity.

"Request a Professional Quote."

📍 Visit us at Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.,

or WhatsApp /call for a quote!

📞 08050250336 | 08131004218
🚚 Delivery & Installation available across Nigeria.

Call the Experts Now: 08050250336 | 08131004218

Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.

Oando Plc: Speculative, Overvalued Stock Sailing On Tax Credit, In Need Of Fresh Capital

Quarter Under Preview: 12MONTHS Unaudited 2025

Current Share Price: N38.90

Price At Release Date: N40.00

Latest Final Dividend: Nil

Latest Interim Dividend:

Estimated Beta Value: -0.30x

Estimated Intrinsic Value: N19:00

Analyst: Jeariogbe Tunde Segun

The Company

Oando Plc is a premier Nigerian indigenous energy group with roots traceable to 1956 when it commenced business as Esso Africa, a subsidiary of Exxon Corporation. Following the indigenization policy of the then government of General Olusegun Obasanjo, it was renamed Unipetrol in 1976, and subsequently acquired by Ocean & Oil in 2000. It ultimately rebranded to Oando in 2003, driven by Adewale Tinubu and Omamofe Boyo, it became a leading integrated energy provider. In 2007, Oando Plc evolved from downstream marketing to an integrated energy company, focusing on exploration, production, and gas distribution. By 2024, Oando completed a $783 million deal to acquire the Nigerian Agip Oil Company (NAOC), a wholly owned subsidiary of Italian oil giant- Eni- significantly increasing its upstream reserves. Oando is currently listed on both Nigerian Exchange Limited (then Nigerian Stock Exchange) and the Johannesburg Stock Exchange (JSE).

The Released Numbers

Going by the released earnings representing the unaudited numbers for the 12-months ended 2025, and comparing same with the audited numbers for the previous year, Oando Plc reported a turnover of N3.212 trillion, down from N4.086 trillion in the previous year, representing a 21.38% drop. Cost of Sales was estimated at N3.185 trillion versus N3.930 trillion. Operating Profit for the year, therefore stood at positive N50.231 billion against N569.681 billion. Operating Expenses also fell below the previous year at N278.051 from N610.858 billion.

Finance Cost was valued at N465.402 billion as against N235.835 billion in the prior year, just as Net Finance Cost is Negative at N36.195 billion compared to the negative estimate of N188.638 billion in the comparable year.

Thus, Profit before Tax stood at N15.202billion versus N383.820 billion. The Company’s bottomline was significantly lifted on the back of the Tax Credit of N226.110 billion, as against a Tax expense of N163.700 in the previous year. Therefore, Profit for the year is valued at N241.312 billion as against N220.120 billion of last year. See the table below for details:

At the end of the 12-month period, Current Assets is N1.509 trillion, higher than the N1.099 trillion of the corresponding year. Non-Current Assets is N5.195 trillion against N5.334 trillion in the comparable year. Thus, Total Assets for the period is N6.704 trillion versus N6.434 trillion. The Current Liabilities stood at N4.755 trillion against N4.418 trillion. Non-Current Liabilities stood at N2.502 trillion from N2.376 trillion, and Total Liability estimate is N7.257 trillion versus N6.795 trillion. Net Assets at the end of the year is negative N553.825 billion compared to negative N360.979 billion, and Retained Earnings still lingers in the negative region to the tune of N90.224 billion against negative N292.497 billion. See the above table for details:

Financial Strength

Debt Ratio: (108.25% Vs 105.61%)– A Debt Ratio above 100% means total liabilities exceed total assets. The slight improvement suggests marginal balance sheet repair, but the company is still technically insolvent on an accounting basis. This is very weak financial strength even though directionally improving. Oando remains highly leveraged and its balance sheet constrained.

Equity Ratio: (-8.26% Vs -5.61%)– A negative equity ratio confirms negative shareholders’ funds. The movement indicates losses are being reduced or Assets revaluation/retained earnings improvement. Still, equity remains deeply impaired. We can therefore say, financial position is improving but unhealthy, just as equity holders remain residual claimants with elevated risk.

Total Debt to Equity: (-1,310.5% Vs -1881.42%)– It is noteworthy that this ratio needs careful interpretation. What the negative sign means is that Debt-to-Equity turns negative only when equity is negative. The ratio is correct given the negative equity. Once equity is negative, debt-to-equity loses analytical usefulness as a valuation metric. It becomes more of distress indicator. We are of the opinion that this ratio will be best used as a diagnostic not comparative.

Overall Verdict on Financial Strength: The balance sheet shows gradual healing, but Oando remains, highly speculative, debt heavy, and equity impaired. From an investment lens, this is not a balance sheet strength story, it is a turnaround/operational execution story.

EBITDA Margin: (1.56% Vs 13.94%)– This is a collapse in operating cash profitability. EBITDA margin falling from 13.94% to 1.56% confirms: a severe margin compression, shift away from high-turnover trading, and higher operating cost tied to upstream ramp up.

Pre-Tax Margin: (0.47% Vs 9.39%)– Profit before Tax has been almost wiped out at operating level. The gap between EBITDA Margin and PBT implies; heavy interest burden, depreciation from new assets, and FX or finance costs still biting. Now, given Oando’s very high leverage, this is mathematically and economically sound.

Cost Structure (shows Efficiency pressure). Cost of Sales moved to 99.14% from 96.19%. That means: for every N100 of revenue, N99.14 is spent on direct costs, which explains the near zero margins. This can be explained by the high lifting, maintenance and integrity costs; made worse by a reduced ability to pass costs to customers in trading.

Return on Equity: (-43.67% Vs -60.98%)– Negative ROE is expected because equity is negative. The impairment reflects narrowing losses attributed to shareholders, or accounting equity recovery.

Return on Assets: (3.60% Vs 3.42%)– Now, this is where things get interesting, ROA has improved slightly, despite Margin collapse, and lower revenue. This suggests that, assets are being used more intensively, and production volumes are offsetting price/margin pressure.

Final Verdict on Profitability Ratio: Oando is making money of volume not margin. Operating profit in 2025 is extremely thin, Net profit improvement is not coming from core margins, and asset utilization is improving, but capital structure is still suffocating returns. This is not a profit-led recovery, but rather an operational scale-up under heavy financial stress. Margins must recover before leverage can be safely carried.

Efficiency Ratio

Operating Expenses to Turnover: (8.65% Vs 14.95%)- This is a strong improvement in cost discipline. Oando cut operating expenses sharply relative to revenue. Management clearly tightened overheads in 2025. This is important because, despite the EBITDA margin collapse, Opex is not the problem. The issue is cost of sales, not operating expenses.

Assets Utilization Efficiency: Turnover to Total Assets (47.93% Vs 63.51%)- Assets Turnover has deteriorated materially. Oando is generating less revenue per naira of assets. This happened because; Asset base expanded sharply. Revenue declined due to reduced trading volumes, and strategic pullback from low-margin turnover.

Final Verdict on Efficiency Ratio: Operating Cost Control is improving firmly, while Asset Utilization is weakening, following which we can conclude that the integration phase is ongoing, and scalability is yet to be fully experienced. Oando is not inefficient operationally, it is under earning on a newly enlarged asset base.

Price at Released: Despite EPS being only marginally higher in the period, the share price is over three times higher. This tells us that the market is not reacting to EPS growth, but to perceived improvement in earnings quality and risk profile.

Earnings Power; Earnings per share moved to N19.41 from N17.71. This number is strictly due to the Tax Credit the company enjoyed during the year. If not, a worse number is expected. The EPS itself is plausible but the quality is weak, it does not represent sustainable earnings power.

Valuation Multiples: PE-Ratio (2.01x Vs 0.72x)- Both are deep value territories, but the difference is crucial: at 0.72x market priced earnings as highly uncertain or transient. Strong profits, but very low trust. At 2.01x the stock still looks cheap, but reflects a partial re-rating. Indicating improved confidence in sustainability of profits. What we are saying is that the rise in PE is confidence, rather than profit driven.

Earnings Yield: The Earnings yield moved from 138.33% to 49.71%. Note that yield above 100% is abnormally high and suggests distress-level pricing. That is: the market expects a sharp drop in future earnings.

Book Value per share: This is the most honest ratio we have observed, it shows that shareholders’ equity is still deeply negative and worse in absolute per-share terms. The implications is that the market price is entirely detached from book value, while valuation is based on future recovery, asset monetization, and oil price optionality.

Final Investment Verdict: Oando is cheap on paper but not in reality. Market pricing is forward looking, and highly speculative. Also, equity value is option-like, not intrinsic-value based.

Overall Verdict: Oando has moved from distressed value to credible deep value, but the balance sheet must fully heal before it earns a normal market multiple. The Profitability ratios portends a very strong profit stand, efficiency ratios show an improving state, financial strength is still very weak, and valuation shows a deeply undervalued state. Our rating for Oando is therefore a Speculative Buy.

Dear Investors and Traders,

I have just released an exclusive video that breaks down simple strategies to trade in this NGX Markup phase.

*In the video of NGX At New All Time-High & A Markup Phase? What Next For Traders & Investors*, I delve into:

· With the Market hitting an all-time, What Next...
‎
. ‎What are the factors behind the Markup phase.

. How to carefully and systematically trade during this Markup phase etc..

I do love to hear your thoughts on the video.

🔗Click and Watch the full video here:

https://www.youtube.com/live/wWFZkQfsMLA?si=BBD_nMZnhnzPoXIT

To ensure you never miss these timely insights:

1. Click the SUBSCRIBE button for ongoing access to expert analysis.

2. Hit the notification bell to be alerted as soon as new content goes live.

Your journey to smarter, more informed trading starts here.

Best regards,
Ambrose Omordion

Earnings Preview: Navigating NGX “Early Birds” & Portfolio Rebalancing

The NGX is entering the Full-Year 2025 earnings season. Early filers (“Early Birds”) often signal confidence in their results and set the tone for sector trends and dividend expectations, creating early buy opportunities.

Why Early Birds Matter
Show companies resilient to high production costs.
Provide early dividend and corporate action signals.
Strong results can sustain market bullish momentum.

Early Bird Watchlist

Stanbic IBTC: Strong earnings; watch dividend outlook and interest income growth.

Cadbury Nigeria: Triple-digit profit growth; watch margin sustainability.

Geregu Power: Known for quick filings and strong dividend payouts.

United Capital: Expected strong numbers; attractive for income investors.

Seplat Energy: Filing may impact energy sector sentiment; watch FX and production updates.

Investdata Action Plan
° Track price moves supported by strong volume.
° Prioritize consistent dividend-paying stocks.
° Use pullbacks to enter fundamentally strong stocks.

Master the Earnings Season Join the Investdata Master Class to discover top stocks and trading strategies this season.

To access Investdata Buy/Sell Signal Setup, send “STOCKS” to 0802 816 4085.

Investdata Consulting Limited — Demystifying the market, one trade at a time.

*NGX At New All Time-High & A Markup Phase? What Next For Traders & Investors... Join me for InvestData Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,


*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

*Don't forget to like, subscribe and share*

Ambrose Omordion

*INVESTDATA Q&A with Ambrose Omordion Replay, plus Corporate Actions for the week have been posted*

Hello Investors,

Your InvestData Questions and Answers with Ambrose REPLAY, and Corporate Actions have been posted on the NEW membership site.

There is no signal for this week because we are already in those positions.

However, you need to login on the membership site before you can have access to it.

Please check your email. Your access have been sent to you.

Kindly click on the below link now to login with your username and password.

https://edu.investdataonline.com/ng

*However, if you have not joined the InvestData Questions and Answers with Ambrose Omordion plus buying and selling signal membership.*

Please Pay

N125,000 for 1 year
Or
N90,000 for 6 months

into InvestData Consulting Limited Zenith Bank 1013815737. After Payment Send the details of your payment including name, email address and phone number to 08028164085 to have your access sent to you.

Best
Ambrose Omordion.

P. S. If you are having issues logging in, please chat Admin on 09099217835

Reminder on Saturday's InvestData Questions and Answers session 12pm.

Don't Miss out

Understanding Corporate Earnings For Profitable Trading & Ingesting On NGX...Find out in this Saturday's InvestData Questions and Answers Session.

Dear Investors and Traders,

Welcome to another important InvestData Q&A session, designed for the serious market participants.

Your exclusive access has been dispatched. If you have not received it, this indicates either an expired subscription or that you are not yet on our secured list.

Prepare for a decisive deep-dive: Understanding Corporate Earnings For Profitable Trading & Ingesting On NGX.

The market is moving: NGX Extends Bullish Momentum Midweek As Banking Heavyweights Drive Rally. The outlook is firming, signaling both opportunity and significant risk for the unprepared.

A Critical Warning:

The NGX is not a playground. It is a deep and volatile ocean where the uninformed and unguided are swiftly overwhelmed. Venturing into these waters without a seasoned mentor and a profound understanding of market dynamics is not investing—it is a direct path to significant financial erosion. Without the right knowledge, you won't just get your fingers burnt; you risk your entire capital.

This is where most portfolios fail.

Fortunately, Your Solution is Here:

InvestData Consulting is the essential navigator for today's unique market. We provide the advanced investment education and actionable research you need not just to survive, but to thrive.

We are systematically guiding our community to Navigating NGX Earnings Season.

Do not miss this pivotal session: Understanding Corporate Earnings For Profitable Trading & Ingesting On NGX.

If you are not yet enrolled, or if your access has lapsed, secure your position in our InvestData Liveclass Combo Pack immediately.

Take Charge of Your Financial Future Now:

Enrollment Options:

· Full-Year Comprehensive Access: ₦125,000
· 6-Month Intensive Access: ₦90,000

To Enroll:

1. Make payment to:
Account Name: InvestData Consulting Limited
Bank: Zenith Bank
Account No.: 1013815737

2. Immediately after payment, send proof, your full name, email address, and phone number to 08028164085 to receive instant access.

The market waits for no one. Secure your edge today.

Best Regards,
Ambrose Omordion

Say Goodbye to "Up NEPA" & High Fuel Bills!

Own the Gold Standard of Power. The 30kVA UK Perkins Diesel Generator is now in stock at UD Tech Enterprises, Lagos.

✅ Genuine UK Engine: Built for 24/7 reliability.
✅ Super Silent: Perfect for homes, hospitals, and offices.
✅ Fuel Squeezer: Get more hours per liter of diesel.
✅ After-Sales Support: Our Lagos-based technicians are always on standby.

📍 Visit us at Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.,

or WhatsApp /call for a quote!

📞 08050250336 | 08131004218

🚚 Delivery & Installation available across Nigeria.

#UDTech #PerkinsGenerator #LagosBusiness #NigeriaPower #30kVA #DieselGenerator.

Generator Down? We’re Already on the Way!

Fast, efficient, and professional repairs for all diesel and industrial machines. Based in Oworonshoki, we reach you quickly to get your power back on.

Call the Experts Now:
08050250336 | 08131004218

Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.

#ReliablePower #LagosBusiness #GeneratorRepairLagos #UDTechFixAmSharpSharp #GenNoGreeStart

NGX Extends Bullish Momentum Midweek As Banking Heavyweights Drive Rally

Market Update For February 4, 2026

The Nigerian equities market sustained its bullish trajectory at midweek, extending gains for another session as sustained investor appetite for banking, industrial and select large-capitalisation stocks continued to lift overall sentiment. The session reflected growing confidence in the market’s near-term outlook, supported by improving technical structure and expectations of earnings resilience across key sectors. Buying interest remained broad-based, with tier-one banks once again attracting significant inflows, while industrial, telecom and energy-linked stocks also recorded notable demand.

Investor positioning throughout the session pointed to a strategic rotation into fundamentally strong names with attractive valuations and consistent earnings prospects. The banking sector led the advance, as renewed confidence in balance sheet strength and income stability encouraged accumulation across both first- and second-tier banks. Industrial stocks also featured prominently, benefiting from expectations of sustained infrastructure spending and improved construction activity, while select consumer and telecom stocks added support to the broader market rally.

Market tone remained constructive, with limited selling pressure despite the recent run-up in prices. This suggests that investors are largely comfortable holding positions, preferring to selectively add exposure rather than exit the market. The absence of aggressive profit-taking indicates that the rally is being driven by genuine demand rather than short-term speculation, reinforcing the sustainability of the current uptrend.

From a technical perspective, the market continues to display strong bullish characteristics. Prices remained firmly above key short- and medium-term moving averages, while momentum indicators stayed in positive territory, confirming trend strength. Although traded volume moderated slightly compared to previous sessions, price action points to orderly accumulation. The market is likely to face mild resistance at higher levels, but as long as pullbacks remain shallow, the broader trend is expected to stay positive. Near-term corrections, if any, are likely to be used as entry opportunities by investors.

In the global commodities market, oil prices traded relatively stable as geopolitical risks in the Middle East were balanced against expectations of adequate global supply and ongoing diplomatic efforts. Brent crude edged up by about 0.1% to around $67.38 per barrel, while U.S. West Texas Intermediate crude hovered near $63.19 per barrel. Price movements remained largely range-bound as traders weighed concerns over potential supply disruptions through key shipping routes against steady export flows and the prospect of de-escalation in regional tensions. The steady oil price environment continues to provide a supportive macro backdrop for oil and gas stocks on the Nigerian Exchange, helping to underpin broader market sentiment.

Looking ahead, the market’s outlook remains constructive, supported by improving technical signals, strong market breadth and sustained sectoral participation. Investors are expected to maintain a selective accumulation strategy, focusing on banking heavyweights, industrial leaders and defensive stocks with solid fundamentals. While global macro risks and profit-taking could introduce short-term volatility, the underlying structure of the market suggests that the current rally still has room to extend, particularly if liquidity conditions remain favourable.

At the close of trading, the All-Share Index advanced by 1.28% to 168,030.18 points, lifting market capitalisation by ₦1.37 trillion to ₦107.86 trillion. Market activity softened as total traded volume declined by 5.66% to 694.79 million shares valued at ₦20.57 billion. Market breadth closed strongly positive with 52 gainers against 25 losers. On the gainers’ table, DAARCOMM surged 10.00% to ₦1.87, BERGER rose 10.00% to ₦66.00, RTBRISCOE gained 9.92% to ₦10.45, FIRSTHOLDCO advanced 9.92% to ₦32.70, and ETI climbed 9.09% to ₦29.35. On the losers’ side, REDSTAREX led decliners, shedding 9.68% to ₦4.20, alongside profit-taking in a few low- and mid-capitalisation stocks.

Are you trading the market, or is the market trading you?

Volatility is only "scary" if you don’t have a map. While amateur traders panic during price swings, smart investors use the Investdata Buy & Sell Signal to turn turbulence into a profit engine.

Here is how to use the 'Buy & Sell' Signal for Volatility:

Identify the 'Buying Range': Our signal identifies stocks building a new bullish base, allowing you to enter before the massive rally.

Watch the Money Flow Index (MFI): Volatility can be noise. We use the MFI and volume factors to confirm that real money is entering the stock, not just retail speculation.

The 'Cash is King' Rule: Our toolkit doesn't just tell you what to buy; it tells you when to stay in cash to protect your capital during high-risk corrections.

Spot Oversold Opportunities: Market pullbacks often push fundamentally sound stocks into the "oversold range." Our signals alert you the moment they are ready to retrace.

The Goal: We target a 4-7% return on a weekly basis, even in an uncertain market.

Stop guessing. Start executing.

👉 Call to Action: Ready to join our watchlist of high-potential stocks?
WHATSAPP 'YES' or 'STOCKS' to 08028164085 to sign up for our Buy & Sell signal setup today!

#Investdata #StockMarketNigeria #TechnicalAnalysis #TradingTips #NGX #WealthCreation #Volatility

Dear Investors and Traders,

I have just released an exclusive video that breaks down simple strategies.

*In the video of The Power Of Quarterly Earnings & Corporate Actions In Equity Trading*, I delve into:

-The Power of Quarterly Earning plus how is positively affect the market.
‎
-‎How earnings give earnings signal and drive corporate volatility which impact price either positive or negative... Etc

I do love to hear your thoughts on the video.

🔗Click and Watch the full video here:

https://www.youtube.com/live/VPUfxqmuTyE?si=6Qi8cnJweKF_5-aS

Dear Investors and Traders,

I have just released an exclusive video that breaks down simple strategies.

*In the video of The Power Of Quarterly Earnings & Corporate Actions In Equity Trading*, I delve into:

-The Power of Quarterly Earning plus how is positively affect the market.
‎
-‎How earnings give earnings signal and drive corporate volatility which impact price either positive or negative... Etc

I do love to hear your thoughts on the video.

🔗Click and Watch the full video here:

https://www.youtube.com/live/VPUfxqmuTyE?si=6Qi8cnJweKF_5-aS

To ensure you never miss these timely insights:

1. Click the SUBSCRIBE button for ongoing access to expert analysis.

2. Hit the notification bell to be alerted as soon as new content goes live.

Your journey to smarter, more informed trading starts here.

Best regards,
Ambrose Omordion

Powering Your Business Success with Zero Interruptions.

Don’t let power failure stall your productivity. UD Tech Enterprises specializes in the maintenance of industrial gas and diesel generators for corporate Lagos. Reliability is our signature.

Schedule a Maintenance Audit Today.

Call us or come find us beside First Bank!"

Phone: 08050250336, 08131004218

Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.

*The Power Of Quarterly Earnings & Corporate Actions In Equity Trading... Join me for InvestData Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

*Don't forget to like, subscribe and share*

Ambrose Omordion

Bargain Hunting Keeps Nigerian Bourse In The Green As Banks Lead

Market Update For February 3, 2026

The Nigerian equity market closed Tuesday on a positive note, extending the modest gains recorded in the previous session as investors continued to selectively accumulate stocks with attractive valuations. The day’s performance reflected cautious optimism, driven largely by renewed interest in banking and industrial names, while broader participation across the market remained measured.

Trading activity showed that investors are increasingly focused on stock-specific opportunities rather than broad market exposure. Recent pullbacks in several large-cap and mid-cap stocks created entry points for bargain hunters, particularly in the financial sector, where earnings resilience and dividend expectations continue to support sentiment. While buying interest was evident, it was not aggressive, suggesting that many investors remain watchful amid lingering macroeconomic uncertainties.

Sectoral performance was mixed, underscoring the selective nature of demand. The banking sector led the market higher as investors rotated back into tier-one and mid-tier banks that had corrected in recent sessions. Industrial goods stocks also closed in positive territory, supported by renewed interest in cement and construction-related counters, which continue to benefit from infrastructure spending expectations. In contrast, consumer goods stocks ended the session lower as concerns over weak consumer purchasing power and elevated input costs weighed on sentiment. Insurance stocks also closed in the red, reflecting thin demand and profit-taking, while oil and gas stocks were marginally weaker in line with subdued energy market sentiment.

Market activity painted a picture of cautious participation. Total traded volume declined, indicating reduced retail involvement, while turnover improved as trades were concentrated in high-priced and liquid stocks. This divergence suggests that institutional investors remain active, particularly in large-cap banking stocks, even as overall market liquidity stays relatively tight. The dominance of financial stocks in traded value further highlights the sector’s role in driving near-term market direction.

Global developments also shaped sentiment, particularly movements in the oil market. Crude prices stabilised on Tuesday after posting sharp losses in the previous session. Brent crude hovered around the mid-$66 per barrel range, while West Texas Intermediate traded above $62 per barrel, as investors weighed the global supply-demand balance and signs of easing geopolitical tensions between the United States and Iran. OPEC+’s decision to keep production levels unchanged for March, alongside expectations of gradual demand recovery into the second quarter, helped calm market nerves. However, oil prices remain vulnerable to headline risk, with a stronger U.S. dollar and ongoing geopolitical uncertainties continuing to cap gains.

From a technical perspective, the NGX All-Share Index remains in a short-term uptrend, trading above its key moving averages and holding firmly above the 165,000 psychological level. This suggests that underlying buying pressure is still present, despite the slow pace of advances. Momentum indicators, however, point to a moderation in upside strength, implying that the market could experience periods of consolidation or mild pullbacks in the near term. The relatively weak volume profile reinforces this view, as sustained rallies typically require stronger participation. A decisive break above recent resistance levels could attract fresh inflows and extend gains, while a drop below immediate support may prompt profit-taking and short-term corrections.

Looking ahead, market outlook remains cautiously positive. Investors are likely to continue favouring stocks with strong fundamentals, earnings visibility and attractive valuations, particularly within the banking and industrial sectors. Near-term direction will depend on the flow of corporate earnings, dividend expectations, liquidity conditions and macroeconomic signals. Developments in the global oil market will also remain a key factor, given their implications for fiscal revenues, foreign exchange flows and overall investor confidence in the domestic market.

At the close of trading, the NGX All-Share Index rose by 0.31 percent to 165,901.57 points from 165,384.63 points in the previous session, lifting market capitalisation by N332.49bn to N106.49trn. Total traded volume declined by 3.45 percent to 736.44 million shares, while market turnover stood at N24.66bn, reflecting increased value flow into large-cap stocks. Market breadth was marginally positive with 35 gainers against 33 decliners. Price appreciation was led by IMG, which advanced by 10.00 percent, NGXGROUP gained 8.88 percent, FIRSTHOLDCO rose by 8.04 percent on a rebound after recent losses, CAVERTON added 8.33 percent, and WEMABANK climbed by 4.18 percent. On the downside, CUTIX led the losers’ chart alongside other decliners that closed lower on profit-taking. GTCO emerged as the most influential market mover, trading 65.9 million shares valued at N6.53bn, accounting for roughly 9 percent of total volume and 26 percent of total market value, reinforcing the dominance of banking stocks in Tuesday’s session

https://investdata.com.ng/bargain-hunting-keeps-nigerian-bourse-in-the-green-as-banks-lead/

Gen No Gree Start?

Make UD Tech Fix Am Sharp-Sharp!"

No let darkness spoil your business. For all generator repairs, sales, and heavy machines, UD Tech na the final bus stop for Oworo.

Call us or come find us beside First Bank!"

Phone: 08050250336, 08131004218

Office Address: 61 Oworo Road Beside First Bank Oworonshoki, Lagos.

Workshop: No 12, Lagos Street Oworonshoki, Lagos.

#GenNoGreeStart #UDTechFixAmSharpSharp #GeneratorRepairLagos #LagosBusiness #ReliablePower

The Final Countdown: Who Survives the March 2026 Banking Recapitalization?

The clock is ticking! We are less than 60 days away from the CBN’s March 31, 2026, deadline for the banking sector recapitalization. The landscape of Nigerian banking is changing forever.

The State of Play:
Over the last 24 months, we’ve seen a flurry of Rights Issues, Public Offers, and Private Placements. But as the window closes, the market is asking: Who has crossed the finish line, and who is still sprinting?

Leading the Charge:

The Goliaths: Tier-1 banks like Zenith, GTCO, Access, and UBA have utilized the capital market extensively to solidify their N500bn international authorization requirements.

The Aggressive Mid-Tier: Fidelity and FCMB have shown remarkable resilience, successfully closing oversubscribed offers to secure their positions.

The M&A Factor: Watch out for the final-hour mergers! We are seeing smaller players consolidate to avoid license downgrades.

What this means for YOU:
Capital raises often mean share dilution in the short term, but stronger balance sheets in the long term. Are you holding the right banking stocks, or is your portfolio at risk?

Don't wait until April to find out if your bank made it.

📞 Get the Full Report: 08028164085
🌐 Deep Dive Analysis: www.investdata.com.ng

#RecapitalizationWatch #NGX #NigerianBanking #Investdata #StockMarketNigeria #BankingDeadline2026 #WealthCreation

⚡ Power You Can Trust. Service You Can Rely On. ⚡

When power matters, Lagos businesses choose UD Tech Enterprise.

UD Tech Enterprise is a licensed and trusted generator maintenance and repair company delivering dependable solutions across Lagos.

Our business operations includes;
✅ Sales & servicing of diesel & gas generators
✅ Industrial machines & equipment maintenance
✅ Electrical & mechanical repairs
✅ General contracts & merchandising
✅ Skilled technicians & fully equipped workshop

From factories to corporate organizations, we keep your operations running without interruption.

💬 Reliable. Efficient. Professional. That’s why clients trust UD Tech Enterprise.

📞 Call Now: 08050250336, 08131004218

📍 Office: 61 Oworo Road, Beside First Bank, Oworonshoki, Lagos

🏭 Workshop: No. 12 Lagos Street, Oworonshoki, Lagos

UD Tech Enterprise — Keeping Lagos Powered.[b][/b]

Dear Investors and Traders,

I have just released an exclusive video that breaks down simple strategies.

*In the video of NGX Trading Patterns In January And The Rest of The Quarter Amidst Earnings Reporting Season*, I delve into:

· General Overview of the Market amidst earning reporting
‎
. ‎Why the sudden sharp drop in the market despite ending positive in January.

. How to trade effectively in a down market etc..

I do love to hear your thoughts on the video.

🔗Click and Watch the full video here:

https://www.youtube.com/live/eUjwiy9NiuM?si=uWiekc-aay62dprS

To ensure you never miss these timely insights:

1. Click the SUBSCRIBE button for ongoing access to expert analysis.

2. Hit the notification bell to be alerted as soon as new content goes live.

Your journey to smarter, more informed trading starts here.

Best regards,
Ambrose Omordion

NEW MONTH. NEW GOALS. DIFFERENT LEVEL.

Welcome to February 2026 — a new opportunity to position your investments for greater returns.

The market rewards those who plan, learn, and act strategically. This month, move beyond wishful thinking and take your portfolio to the next level with informed decisions and expert insights.

✅ Review your goals
✅ Adjust your strategy
✅ Position for opportunities
✅ Invest smarter, not harder

Let InvestData guide your journey to smarter investing.
Here’s to a profitable and strategic February!

— InvestData Consulting Ltd
Your Partner in Strategic Wealth Growth

NGX Trading Patterns In January And The Rest of The Quarter Amidst Earnings Reporting Season.... Join me for InvestData Live with Ambrose Omordion by 12pm.

Hello Investors and Traders,

Investdata Trading Academy Live with Ambrose

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

*Don't forget to like, subscribe and share*

Ambrose Omordion

*Talking Numbers On Fcmb, Wema Bank & NPF Microfinance.... Join me for InvestData Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,


*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

*Don't forget to like, subscribe and share*

Ambrose Omordion

Recapitalisation Deadline: Nigeria’s Central Bank Hosts UK DFI, Restates Commitment To Financial Sector Reform, Long-Term Capital

The Governor of Nigeria’s Central Bank, Olayemi Cardoso, on Wednesday in Abuja said he remains committed to macroeconomic stability, credible monetary policy, and a transparent, data-driven regulatory framework that will strengthen the resilience of the nation’s banking system, while improving financial intermediation.

Cardoso spoke while hosting a delegation from British International Investment (BII), the development finance institution wholly owned by the UK Government through the Foreign, Commonwealth and Development Office (FCDO), with total assets of £9.9 billion supporting over 1,600 businesses across emerging markets.

The BII delegation, led by its Chair, Ms. Diana Layfield, alongside the British High Commissioner to Nigeria, Richard Montgomery, is in Nigeria as part of ongoing efforts to deepen financial sector reforms and attract long-term investment.

A statement by the CBN on Thursday night did not say whether the parley has anything to do with the ongoing recapitalisation of the nation’s banking sector, 20 years after a similar one was undertaken during the administration of Prof. Chukwuma Soludo as CBN Governor.

Investdata News notes that Wednesday’s meeting is coming barely two months away from the March 31, 2026 deadline given almost two years ago by the CBN for banks in the country to raise their capital base to N500 billion, N200 billion and N50 billion for banks with international, national and regional operating licences. The exercise is to position them to compete better in a fast globalising world following years of weakening of the Nigerian currency.

Indications are that about four banks currently operating in the country may face acquisition or forced merger given their current circumstances, even as most of the Tier 1 and two lenders have surpassed the given threshold.

Discussions at the meeting focused on developments in the financial services sector, BII’s investment outlook, and opportunities to deploy patient capital in support of banking sector stability, financial inclusion, and sustainable private-sector growth.

Development Finance Institutions providing long-term capital and strong governance, the CBN Governor noted, remain key partners in Nigeria’s reform agenda, while Ms. Layfield reaffirmed BII’s continued interest in Nigeria’s financial services sector.

She stressed the importance of regulatory clarity and sustained engagement to support investment and inclusive growth.

The meeting was attended by members of BII’s Board and Executive Management, including Mr. Leslie Maarsdorp, Chief Executive Officer; Andrew Alli, Non-Executive Director and former President of the African Finance Corporation (AFC); Simon Rowlands, Non-Executive Director; Chris Chijiutomi, Managing Director and Head of Africa; and Benson Adenuga, West Africa Regional Director and Head of the Nigeria Office, alongside senior officials of the British High Commission.

https://investdata.com.ng/recapitalisation-deadline-nigerias-central-bank-hosts-uk-dfi-restates-commitment-to-financial-sector-reform-long-term-capital/

*Talking Numbers On Fcmb, Wema Bank & NPF Microfinance.... Join me for InvestData Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,


*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It holds Mondays, Wednesdays and Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/@investdataconsulting/streams

*Don't forget to like, subscribe and share*

Ambrose Omordion

Dear Investors and Traders,

I have just released an exclusive video that breaks down simple strategies using numbers.

*In the video of Talking Numbers On Cadbury, Unilever, NNFM & UPDC*, I delve into:

· The massive impact of numbers on Cadbury Plus their price impact.
‎
. ‎The massive impact of numbers on Unilever Plus their price impact.

. The massive impact of numbers on NNFM Plus their price impact.

. The massive impact of numbers on UPDC Plus their price impact.

I do love to hear your thoughts on the video.

🔗Click and Watch the full video here:

https://www.youtube.com/live/p88DrZCPi00?si=k7zq_YYrvRuJsPXt

To ensure you never miss these timely insights:

1. Click the SUBSCRIBE button for ongoing access to expert analysis.

2. Hit the notification bell to be alerted as soon as new content goes live.

Your journey to smarter, more informed trading starts here.

Best regards,
Ambrose Omordion

Ready to turn your portfolio green?

​Trading isn’t about being right 100% of the time; it’s about having a proven system. We provide the technical tools to turn investors into WINNERS.

​Our 3-step formula:
1️⃣ Trend Tracking
2️⃣ Entry Zone Accuracy
3️⃣ Volume Confirmation

Save & share

CVisit www.investdata.com.ng or WhatsApp us at 08028164085 to get started!

#StockMarketNigeria #TechnicalAnalysis #InvestData