Author - Yahya Abdulrahman

Weekly Wealth Digest for March 23, 2026

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Oil up 1% as Iran threatens to hit Gulf power plants over Trump warning

Oil prices rose on Monday after Iran’s Revolutionary Guards said they would target Israel’s power plants and those supplying U.S. bases in the Middle East in retaliation against any attack on its electricity sector. Brent crude futures were up $1.15, or 1%, at $113.34 a barrel by 0957 GMT. U.S. ​West Texas Intermediate was up 79 cents, or about 0.8%, at $99.02. Both contracts had swung $1 lower after an ​early $1 gain in volatile Asian trade……….REUTERS.COM

Wall St Week Ahead Persistent Iran war, energy price surge set to sway wavering stocks.

A Middle East crisis that has convulsed markets should remain the focal point for Wall Street in the near term, as investors stay glued ​to developments in Iran and the fallout from surging energy prices. As the U.S.-Israeli war on Iran stretches to three weeks, an over 40% jump in oil prices is driving worries ‌about higher inflation and stagnating economic growth…………REUTERS.COM

Nigerian stocks enter historic super-cycle

The Nigerian equity market has entered a historic “Super-Cycle of 2026, with the benchmark index crossing new psychological frontiers and market capitalization reaching all-time highs. Latest market action showed that the NGX has entered a volatile but rewarding phase with fiscal reforms and a positive re-rating of global institutional investors as of Mid-March 2026. The NGX All-Share Index (ASI) displayed phenomenal growth from a breakout phase in 2024 and is now in an extended bull run…………NAIRAMETRICS.COM

Below is the summary of our recommendations for the week. For detailed review, kindly click the link to see our recommendations for 23032026.

S/NSTOCKSLAST CLOSE52 WEEK HIGH52 WEEK LOWEPSBVPSP/E RATIOINTRINSIC VALUE UP/DOWN SIDE RECOMMENDATION
1FCMB12.85  14.50  8.35  3.96  19.25  3.24  17.54 36%BUY 
2TRANSCORP47.00  55.05  39.60  8.44  34.78  5.57  61.37 31%BUY 
3ZENITHBANK110.00  113.30  43.00  18.60  111.24  5.91  122.73 12%HOLD 
4MTNN758.00  819.00  230.00  53.07  26.13  14.28  972.10 28%BUY 
5JBERGER288.00  290.00  110.00  19.28  190.40  14.94  376.42 31%BUY 
6UNILEVER94.00  96.00  34.65  5.35  18.45  17.57  119.73 27%BUY 
7WEMABANK27.00  28.00  10.10  7.09  15.50  3.81  32.09 19%HOLD 
8TRANSPOWER306.90  342.00  276.30  12.19  24.45  25.18  353.58 15%HOLD 
9DANGCEM810.00  829.50  425.00  59.86  155.28  13.53  1,096.40 35%BUY 
10NB75.50  87.30  31.95  3.19  18.08  23.67  95.63 27%BUY 
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