NNAIRALPHA
ENGINE IDLEPAPER

Weekly report

Engine review for 18 – 24 Aug 2026. Everything is reported in USD base with the Naira equivalent alongside.

Realised P&L

$3,150.00

Closed trades only

Trades closed

27

All markets

Win rate

67%

Across currencies

Equity (NGN equiv.)

₦80,200,863

$52,130.56 USD base

P&L BY CURRENCY

CCYREALISED (USD)TRADESWIN RATE
$ USD+$1,690.001567%
₦ NGN+$1,460.00978%
€ EUR−$420.0020%
£ GBP+$420.001100%

ENGINE NARRATIVE

The engine leaned into NGX banking recapitalisation flows while trimming extended US semiconductor exposure. Naira weakness of 1.6% over the week cost roughly $180 in translation on NGN holdings, offset by local price appreciation. Risk stayed inside the 2% per-trade budget on every entry, and NGX exposure peaked at 46% of equity before the throttle engaged.

NEXT WEEK

  • Hold the NGX banking basket into Q3 results; raise trailing stops on ZENITHBANK.
  • Rebuild US mega-cap exposure only on a pullback into the prior breakout zone.
  • Keep at least $15k idle USD to fund NGN conversions without forced exits.

HOLDINGS BY CURRENCY

$ USD2 pos$21,499.45
63.8% of holdings+$708.95 open
£ GBP1 pos$10,911.84
32.4% of holdings+$662.94 open
₦ NGN3 pos$1,269.27
3.8% of holdings+$52.28 open

TRADE EXTREMES

ZENITHBANKNGN+$1,140.00
ASMLEUR−$420.00

LAST 4 WEEKS

W-4+$1,820.00NGX +$640.00+59.00% win
W-3−$540.00NGX −$210.00+44.00% win
W-2+$2,410.00NGX +$1,180.00+64.00% win
W-1+$3,150.00NGX +$1,460.00+67.00% win