SMADAC Securities

🎉 Happy Birthday, Mrs. IPA! We warmly celebrate our ED / CCO on this special occasion. May this new chapter bring you greater accomplishments, lasting happiness, good health, and God's abundant blessings. Wishing you a beautiful birthday and a fulfilling year ahead. Cheers!

📈 Final Thoughts Friday! Three habits worth building as an investor: 📊 Stay informed. 🎯 Think long-term. 🛡️ Manage risk. Markets will fluctuate, but knowledge, discipline, and sound judgement remain valuable. Which habit matters most to you?

Midweek Focus! A ₦5 stock isn't necessarily better value than a ₦100 stock. Share price alone doesn't determine whether a company is undervalued. Examine its earnings, financial health, and growth prospects. Look beyond the price. Understand the value.

NGX Market Recap | Nov. 3, 2026 Volume: 396.42M (-23.22%) Value: ₦20.43B (-57.06%) Top Gainer: UPL (+9.52%) Top Loser: FTGINSURE (-10.00%) Volume Leader: ACCESSCORP Value Leader: ARADEL

NGX Market Recap | Oct. 30, 2026 October closed with a surge in trading activity. Volume: 829.93M (+146.57%) Value: ₦68.93B (+167.29%) Top Gainer: FGSUK2032S7 (+13.18%) Top Loser: CAVERTON (-10.00%) FIRSTHOLDCO led by volume and value.

Revenue & PAT growth (YoY): BUA Cement: +26.5% | +59.8% Okomu Oil: +6.0% | -27.6% Dangote Cement: +19.6% | +31.2% Seplat Energy: +12.5% | +142.5% HBM Nigeria: +18.9% | +30.0%

📈 Final Thoughts Friday! Not every investment decision delivers the expected outcome. Sometimes, the most valuable return is the lesson learned. Reflect on your decisions, refine your approach, and keep learning.

🎉 Happy Birthday, Mr. Gbenga! we celebrate a valued member of the SMADAC Securities Limited family! Your dedication, professionalism, and contributions to our team are sincerely appreciated. May the year ahead bring exciting opportunities, personal growth, and God's blessings.

🎉Happy Birthday Sir We warmly celebrate our esteemed Non-Executive Director on this special occasion. May this new chapter bring you good health, happiness, greater accomplishments, and God's abundant blessings. Wishing you many more prosperous years ahead From all of us at SMSL

NGX Market Recap | Oct. 29, 2026 Volume: 336.60M (-15.52%) Value: ₦25.79B (-6.21%) Top Gainer: ETRANZACT (+10.00%) Top Loser: FIRSTHOLDCO (-10.00%) Volume Leader: GTCO Value Leader: DANGCEM

Market Recap | Oct/27/2026 The Nigerian equities market recorded Volume: 375.70M shares (+14.54%) Value: ₦28.21B (+10.24%) Top Gainer: TAJSUKS1 (+11.90%) Top Loser: FGSUK2027S3 (-10.52%) Most Traded by Volume: HONYFLOUR (32.64M shares) Most Traded by Value: DANGCEM (₦5.39B)

Market Recap 26/10/2026 The Nigerian equities market closed 📉 Volume: 328.01M shares (-6.78%) 📈 Value: ₦25.59B (+14.73%) FGSUK2027S3 (+11.75%) led the gainers, while FGSUK2032S7 (-10.48%) topped the losers. ZENITHBANK led trading by volume, while DANGCEM dominated by value.

Here's a glimpse of our stock recommendations for the week. Good luck!

🚨 1 DAY TO GO! The clock is ticking on the Dangote Petroleum Refinery & Petrochemicals IPO! With the subscription window closing 27 October 2026, interested investors are encouraged to review the offer details and make informed decisions before the deadline.

Final Thoughts Friday! As the week closes, take a moment to reflect on your financial journey. What worked? What could be better? What's your next move? Progress begins with clarity, discipline, and informed decisions. Review your progress. Reconfirm your goals. Plan ahead.

Market Recap | October 22, 2026 📊 The Nigerian equities market closed with; 📈 Volume: 359.47M shares (+2.11%) 💰 Value: ₦20.34B (-13.85%) FGSUK2033S6 (+10.91%) led gainers, while THOMASWY (-10.00%) led decliners. LIVESTOCK topped trading by volume, while ARADEL led by value.

Think Tank Thursday! Good investment decisions begin with the right insights. Take time to explore new perspectives, understand market opportunities, and make informed financial decisions. Think strategically. Invest wisely.

The Nigerian equities market closed with 352.04M shares traded, up 1.27% ₦23.61B in transaction value, down 8.78%. LIVINGTRUST (+9.90%) led gainers, CWG (-9.98%) recorded the steepest decline. ZENITHBANK dominated by both volume (48.21M shares) and value (₦5.90B).

🎯Midweek Focus! Halfway through the week, how are your financial goals coming along? Take a moment to review your progress, realign your priorities, and stay focused on what matters. Small, consistent steps make a difference. 📈 #midweekFocus #financialgrowth #smartInvesting

💡 Think Through Tuesday! Before investing, ask yourself: Do I understand the investment? What are the risks? Does it align with my goals? Smart investing starts with informed decisions, not assumptions. 📈