Weekly Wealth Digest for June 22, 2026
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Oil shipments rise in Hormuz although questions grow over Iran’s transit terms
Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway. Washington and Tehran released the text of an interim agreement signed on Wednesday to end the conflict, although U.S. President Donald Trump warned he could resume attacks and target Iranian officials if commitments are not honoured………….REUTERS.COM
Wall St indexes advance with boost from chips, Iran optimism
U.S. stock indexes rallied on Thursday, with the Nasdaq’s 1.9% advance boosted by gains in semiconductor shares, while inflation fears eased after the U.S. and Iran signed a peace agreement, although investors still priced in interest rate hikes this year from the Federal Reserve. The Philadelphia semiconductor index (.SOX), opens new tab sharply, outperformed the rest of the market with a 6.4% rally as Intel’s (INTC.O), opens new tab shares jumped to a record high and finished up 10.6%. U.S. President Donald Trump said iPhone maker Apple (AAPL.O), opens new tab had agreed to work with Intel to design and manufacture its chips in the U.S…………..REUTERS.COM
Nigeria’s Inflation rises to 15.93% in May 2026
Nigeria’s headline inflation rate edged higher to 15.93% in May 2026, up from 15.69% in April, as rising consumer prices continued to exert pressure on households and businesses despite a slower pace of monthly price increases. According to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), the CPI rose to 140.7 points in May from 138.3 points in April, reflecting sustained inflationary pressures across the economy. The latest figures showed that while inflation accelerated on an annual basis, the month-on-month rate eased, suggesting a moderation in the pace of price increases…………NAIRAMETRICS.COM
Below is the summary of our recommendations for the week. For a detailed review, kindly click the link to see our recommendations for 22062026.
| S/N | STOCKS | LAST CLOSE | 52 WEEK HIGH | 52 WEEK LOW | EPS | BVPS | P/E RATIO | INTRINSIC VALUE | UP/DOWN SIDE | RECOMMENDATION |
| 1 | FIDELITYBK | 18.00 | 24.25 | 17.10 | 1.81 | 18.58 | 9.94 | 22.68 | 26% | BUY |
| 2 | JBERGER | 310.80 | 315.00 | 110.00 | 5.88 | 179.43 | 52.86 | 335.35 | 8% | HOLD |
| 3 | UNILEVER | 140.00 | 172.00 | 46.50 | 4.88 | 19.93 | 28.69 | 172.62 | 23% | BUY |
| 4 | MTNN | 800.00 | 915.00 | 340.00 | 16.95 | 43.05 | 47.20 | 961.23 | 20% | BUY |
| 5 | ZENITHBANK | 110.00 | 136.90 | 46.95 | 7.64 | 125.79 | 14.40 | 159.42 | 45% | BUY |
| 6 | STANBIC | 163.00 | 188.55 | 80.50 | 28.60 | 79.22 | 5.70 | 208.53 | 28% | BUY |
| 7 | OKOMUOIL | 1,418.00 | 1,765.00 | 660.00 | 24.74 | 75.91 | 57.32 | 1,835.67 | 29% | BUY |
| 8 | WAPCO | 315.10 | 352.00 | 85.55 | 6.08 | 49.17 | 51.83 | 410.90 | 30% | BUY |
| 9 | UBA | 39.50 | 55.20 | 33.00 | 12.44 | 95.40 | 3.18 | 58.55 | 48% | BUY |
| 10 | PRESCO | 2,300.00 | 2,315.40 | 1,000.00 | 168.00 | 408.92 | 13.69 | 2,918.50 | 27% | BUY |
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