Research Hub
Source: TradingView. Market data may be delayed.
Research That Moves Beyond Headlines.
Our research team publishes every trading day. Not curated press releases — independent analysis of what moved, why it moved, and what the data means for your portfolio. Written by analysts who have been covering Nigerian equities for years.
What We Publish
- Daily Market Wrap: Published by 5:00 PM WAT every trading day. Index movement, volume and value traded, sector performance, notable gainers and decliners, and the one story that defined the session.
- Equity Research: Company results, corporate actions, and analyst notes on covered stocks. Written with enough depth to be useful, not so much that it requires a Bloomberg terminal to follow.
- Sector Reports: Quarterly deep dives into Banking, Consumer Goods, Oil & Gas, Insurance, Industrials, and Telecoms. Price trends, earnings forecasts, and what the numbers mean for your holdings.
- Macro & Policy Analysis: CBN rate decisions, fiscal policy changes, FX developments, and macroeconomic indicators that affect every listed company. When the Monetary Policy Committee meets, we publish our read before the market closes.
“Our daily market wrap and weekly summary are free and publicly available. Equity notes, sector reports, and quarterly outlooks are available to Network Capital clients through your Relationship Officer.”
NGX Market Overview
View selected Nigerian Exchange market, index, and sector benchmarks with price movement, volume, and chart trend. Data is provided by TradingView and may be delayed.
Source: TradingView. Market data may be delayed. This chart is for information only and does not constitute investment advice.
Nigeria monthly macro indicators
Selected Nigerian macroeconomic, fiscal and money-market indicators for monthly public review, based on official monthly, quarterly and annual data releases.
Inflation, monetary & growth indicators
| Indicator | Current | Previous | Change | Period / Source |
|---|---|---|---|---|
| Headline Inflation Monthly · % | 15.43% | 15.91% | ▼ 0.48 ppts (improved) | July 2026 NBS |
| Food Inflation Monthly · % | 20.31% | 17.52% | ▲ 2.79 ppts (worsened) | July 2026 NBS |
| Core Inflation Monthly · % | 14.97% | 15.82% | ▼ 0.85 ppts (improved) | July 2026 NBS |
| Monetary Policy Rate MPC decision · % | 26.50% | 26.50% | — | July 2026 CBN |
| GDP Growth Rate Quarterly · % | 3.89% | 4.07% | ▼ 0.18 ppts (worsened) | Q1 2026 NBS |
| Broad Money (M2) Monthly review · ₦trn | ₦133.24trn | ₦129.20trn | ▲ ₦4.04trn | June 2026 CBN |
External, fiscal & market indicators
| Indicator | Current | Previous | Change | Period / Source |
|---|---|---|---|---|
| External Reserves Monthly review · $bn | $52.26bn | $52.06bn | ▲ $0.20bn (improved) | August 14, 2026 CBN |
| 91-Day T-Bill Stop Rate Auction / monthly · % | 16.30% | 16.28% | ▲ 0.02 ppts | August 12, 2026 CBN |
| Oil Production Monthly · mbpd | 1.67 mbpd | 1.74 mbpd | ▼ 0.07 mbpd (worsened) | July 2026 NUPRC |
| Capital Importation Quarterly · $bn | $10.37bn | $6.44bn | ▲ $3.93bn (improved) | Q1 2026 NBS |
| Foreign Trade Balance Quarterly · ₦trn | ₦7.55trn | ₦1.71trn | ▲ ₦5.84trn (improved) | Q1 2026 NBS |
| Debt-to-GDP Ratio Quarterly/Annual · % | 35.40% | 36.10% | ▼ 0.70 ppts (improved) | 2026 DMO/IMF |
Global macro comparison
Comparable growth, inflation, public-debt and external-balance indicators across major and strategically relevant economies.
| Country | GDP Growth | Inflation | Debt / GDP | Current Acct (% GDP) | Year | Source |
|---|---|---|---|---|---|---|
| Nigeria | 4.1% | 16.0% | 32.3% | 5.8% | 2026 | IMF |
| United States | 2.3% | 3.2% | 125.8% | -3.7% | 2026 | IMF |
| China | 4.4% | 1.2% | 106.9% | 3.5% | 2026 | IMF |
| Germany | 0.8% | 2.7% | 64.6% | 3.9% | 2026 | IMF |
| Japan | 0.7% | 2.2% | 204.4% | 3.8% | 2026 | IMF |
| India | 6.5% | 4.7% | 83.4% | -2.0% | 2026 | IMF |
| United Kingdom | 0.8% | 3.2% | 103.6% | -3.4% | 2026 | IMF |
| France | 0.9% | 1.8% | 118.4% | -0.3% | 2026 | IMF |
| Italy | 0.5% | 2.6% | 138.4% | 0.6% | 2026 | IMF |
| Canada | 1.5% | 2.5% | 110.7% | -0.2% | 2026 | IMF |
| Brazil | 1.9% | 4.0% | 96.5% | -2.7% | 2026 | IMF |
| Saudi Arabia | 3.1% | 2.3% | 32.1% | -1.6% | 2026 | IMF |
| South Africa | 1.0% | 3.9% | 78.9% | -0.9% | 2026 | IMF |
| Egypt | 4.2% | 13.2% | 87.0% | -4.2% | 2026 | IMF |
| Ghana | 4.8% | 5.8% | 53.0% | 10.1% | 2026 | IMF |
Global Market Watch
World equity indices, foreign exchange, commodities and fixed-income markets
Global Indices
Key equity benchmarks across Nigeria, Africa and major international markets.
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World Market Performance
Nigeria is the primary reference market. Switch between map and list views to compare global equity-market performance.
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NGX Stock Overview
Select an NGX-listed company to review its available price chart, technical indicators, company profile and fundamental information. External market information may be delayed or unavailable for some securities.
External provider notice: TradingView provides the charts, company information, fundamental data and technical indicator summaries displayed in this section. Technical indicator summaries are generated automatically by TradingView and do not represent NETCAP investment recommendations. Information may be delayed, incomplete or unavailable for some securities and should not be relied upon as the sole basis for an investment decision. NETCAP does not extract, store or use TradingView data for order execution, price verification, suitability assessments or automated processing.
NGX ETF Overview
Select an NGX-listed ETF from the ticker row. The Advanced Chart includes the ETF watchlist, volume and selected indicators. Data is provided by TradingView and may be delayed.
Source: TradingView. Market data may be delayed. This chart is for information only and does not constitute investment advice.
NETCAP Research
Daily, Weekly and Monthly Reports