MTN Invests N1trn in Network Capacity, Pays N878.7bn Tax

NGX ASI slips 0.45% as Stanbic flags possible H1 filing delay

The NGX ASI closed at 1,887.25, down 0.4536% on Aug. 14, after a weekly decline of 0.45% despite 2.37 billion insurance shares traded, according to analyst notes. Stanbic IBTC alerted the NGX to a possible delay in filing its H1 results, Punch Newspapers reported, while also upgrading its corporate transaction platform to Nucleus Software’s FinnAxia 9.0 on Aug. 14, according to FinTech Futures. Seplat Energy issued a regulatory notice on its Q2 2026 exchange rate and a special dividend on Aug. 13, according to TradingView. Stock moves stayed highly selective this week, with John Holt up 9.9% on Aug. 13 and Intels Nigeria up 10% on Aug. 12, while DANGSUGAR fell 9.1% over 5 days, according to analyst notes.

Stanbic IBTC Upgrades Corporate Transaction Platform to Nucleus Software's FinnAxia 9.0

Stanbic IBTC upgrades corporate transaction platform to Nucleus Software's FinnAxia 9.0  FinTech Futures

Nigerian Exchange — ASI Slips 0.45% as Insurers Trade 2.37bn Shares Despite Price Pressure

The NGX ASI fell 0.45% in the week to August 14, 2026, with insurance names dominating turnover. FTGINSURE traded 2.37 billion shares while dropping 9.3%, as Trans-Nationwide Express and Guinea Insurance posted standout gains outside recently over-covered stocks.