The stock market’s big next test: A wave of bank earnings

Earnings season is about to kick into high gear, with a handful of banking titans on deck to report results for the second quarter. Here are the big banks due to report earnings on Tuesday:
Stock exchange filing reveals how Nigeria’s airtime credit disruption is redirecting investment to other African markets

A trading update filed on the Johannesburg Stock Exchange on 2 July shows Optasia, the AI-powered fintech that provides airtime and data credit infrastructure across African and Asian markets, posting revenue growth of between 50 and 60 per cent for the first half of 2026
Airtel Africa, Others Lift Stock Market by 0.41% | Business Post

The bulls returned to the Nigerian Exchange (NGX) Limited on Wednesday, helping the platform to close in green territory by 0.41 per cent
Nigeria’s $104 billion stock market rises again, but a drop in trading signals fading momentum

The NGX All-Share Index rose 0.07% to close at 218,256.59, keeping the market’s year-to-date return above 40%, one of the strongest performances globally in 2026
Nigeria’s stock market surges as industrial stocks power a strong rally

The NGX All-Share Index climbed 2.24% to close at 228,602.00 points, gaining 4,999.71 points in a single session. The move pushes the market’s return to 46.9% so far in 2026, underlining sustained investor appetite despite macroeconomic uncertainties
Nigeria’s stock market adds about $2.6 billion in a day as banking shares fuel rally

Data from the Nigerian Exchange (NGX) showed investors traded 1.49 billion shares worth N68.39 billion ($50 million) across 94,675 deals, compared with Friday’s session. Trading volume rose 42%, while turnover and deals increased by 36% each
Goldman Sachs’ US stock chief says it’s time to double down on the market’s favorite AI stocks

In an interview with Business Insider, Ben Snider dismissed bubble concerns and said he’s continuing to lean into some of the major themes in the AI trade
Airtel Africa Lifts Stock Market by 0.45% Amid Weak Investor Sentiment

The Nigerian stock market rebounded on Tuesday by 0.45 per cent after consecutive days of shedding weight as a result of intense selling pressure, triggered by profit-taking and regulatory changes like the adoption of the T+1 settlement cycle and a change to the price movement rules
Nigeria’s $118 billion stock market slips as traders cash out after weeks of gains

The benchmark NGX All-Share Index fell 0.1% to close at 252,243.11 points, trimming 265.08 points from the previous session
After 50 years without a stock market, Africa’s second-most populous nation adds another major bank

Abay Bank S.C. has listed its shares on the(ESX) Main Market under the ticker ABAYB, becoming the fifth company admitted to Africa’s youngest stock exchange and the fourth private commercial bank to list since trading began in January 2025