Economy
NGX Closes Last Trading Session of June 2025 Bearish by 0.01%
By Dipo Olowookere
The last trading session of June 2025 at the Nigerian Exchange (NGX) Limited ended on a negative note with a 0.01 per cent decline on Monday.
This occurred despite Customs Street posting a strong investor sentiment as the market breadth index was positive after the stock exchange finished with 32 price gainers and 31 price losers.
Learn Africa lost 10.00 per cent to trade at N4.59, Julius Berger depreciated by 9.97 per cent to N112.00, C&I Leasing crumbled by 9.90 per cent to N4.64, Thomas Wyatt weakened by 9.62 per cent to N1.88, and DAAR Communications crashed by 8.20 per cent to 56 Kobo.
On the flip side, CWG gained 10.00 per cent to close at N12.65, Caverton increased its value by 9.96 per cent to N5.74, Neimeth appreciated by 9.93 per cent to N6.53, FTN Cocoa advanced by 9.91 per cent to N3.66, and Meyer expanded by 9.84 per cent to N10.05.
Yesterday, the banking space tumbled by 1.09 per cent, the industrial goods declined by 0.42 per cent, and the energy sector went down by 0.29 per cent.
However, the consumer goods index improved by 0.79 per cent, and the insurance industry grew by 0.69 per cent, while the commodity index closed flat.
At the close of transactions, the All-Share Index (ASI) shrank by 17.19 points to 119,978.57 points from 119,995.76 points and the market capitalisation decreased by N11 billion to N75.951 trillion from N75.962 trillion.
When the market closed for the session, investors transacted 2.0 billion shares worth N44.3 billion in 25,172 deals versus the 625.8 million shares valued at N12.8 billion in 21,800 deals in the preceding trading day, indicating a rise in the trading volume, value, and number of deals by 224.69 per cent, 246.09 per cent and 15.47 per cent, respectively.
Royal Exchange was the busiest stock on Monday after it traded 502.3 million units worth N502.5 million, Oando sold 371.1 million units for N19.9 billion, Access Holdings exchanged 328.4 million units valued at N7.2 billion, UAC Nigeria transacted 128.8 million units worth N4.5 billion, and LivingTrust Mortgage Bank traded 112.2 million units valued at N539.7 million.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn