Our November 2025 market session yesterday opened many eyes — because the data is finally confirming what price action has been whispering for months:

👉 One NGX sector is quietly turning bullish… while crude oil remains bearish.

This is precisely the type of divergence that has historically produced the biggest winners on the Nigerian market.

I'll be sure to break it down for you.

While the broader NGX is up +42% YTD, this sector index has moved only +2.26% — and mostly because crude oil prices have been depressed below the FG’s benchmark of $75.

Yet, something powerful shifted recently…

• The NGX sector Index started 2025 at 2,697 → crashed to 2,335
• Consolidated between June and Sept
• Broke out in October above 2,525
• Reclaimed 2,734
• Printed a new all-time high at 3,031

After the announcement of the 30% capital gains tax coming in 2026, the index pulled back — but what happened next was the real clue:

👉 It found support exactly at the January 2025 high — a clean break-and-retest pattern, which usually precedes explosive upside.

This bullishness is even more notable because crude oil prices remain weak.

So what’s driving it?

Production Volumes Are Surging Across Upstream Companies

From every upstream financial report released this quarter:

• Production levels are rising
• Refinery output is expanding
• Gas volumes are hitting multi-year highs
• Operational efficiency is improving
• Rig activity is accelerating

This aligns with the president’s projection that Nigeria will decouple from oil dependence in 2025, a shift that is already contributing to a stronger Naira.

Within this trend, one upstream company stands out head and shoulders above the rest.

It is the only stock in the sector I personally plan to buy tomorrow.

I am deliberately not naming it here — but members who attended yesterday’s session already know the ticker.

Here’s why it’s on my radar:

Fundamentals That Completely Redefine Valuation

In its newly released 9-month results:

• Crude output: up
• Gas production: up
• Refined products: up
• Rig count: quadrupled from 1 to 4
• 
  

The financial performance is even more impressive:

👉 At this current run rate, FY 2025 EPS could reach a NEW HIGH, making it 56% undervalued

👉 Click here to access the stock now

This is the type of asymmetric opportunity we look for.

If you’re not a GlobFolio member yet, this is the moment to join.

Only members get:

• The stock name
• My detailed entry levels
• Stop-loss region
• Position-sizing guide
• Full sector deep dive
• Breakout alerts before the market reacts

>>> Subscribe now and secure your access before the market moves.

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This is one of the few times where the data, the trend, the fundamentals, and the technicals all point in the same direction.

👉 Click here to access the stock now

Don’t miss it.

To your growth,

Coach Oge)

GlobFolio