Economy
Investors Trade 1.05b Shares Worth N8.03b This Week
By Modupe Gbadeyanka
A total turnover of 1.052 billion shares worth N8.031 billion in 13,586 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE).
This is in contrast to a total of 1.153 billion shares valued at N8.032 billion that exchanged hands last week in 12,783 deals.
It was observed that the Financial Services Industry (measured by volume) led the activity chart with 905.319 million shares valued at N3.399 billion traded in 7,501 deals; thus contributing 86.03 percent and 42.32 percent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 43.996 million shares worth N70.390 million in 581 deals. The third place was occupied by Consumer Goods Industry with a turnover of 30.487 million shares worth N1.767 billion in 2,565 deals.
Trading in the top three equities namely – AIICO Insurance Plc, Fidelity Bank Plc and Diamond Bank
Plc (measured by volume) accounted for 367.616 million shares worth N277.747 million in 895 deals, contributing 34.95 percent and 3.46 percent to the total equity turnover volume and value respectively.
The All-Share Index and Market Capitalization depreciated by 1.38% and 1.79% to close the week at 25,340.02 and N8.770 trillion respectively.
Similarly, all other Indices finished lower during the week with the exception of the NSE Banking and
NSE Insurance Indices that appreciated by 0.44 percent and 0.90 percent respectively, while the NSE ASeM Index closed flat.
Also, 19 equities appreciated in price during the week, lower than 23 equities of the previous week.
Thirty-eight equities depreciated in price, higher than 37 equities of the previous week, while 119 equities remained unchanged higher than 115 equities recorded in the preceding week.
During the trading week also, a total of 200 units of Exchange Traded Products (ETPs) valued at N338,007.70 executed in 8 deals were transacted, compared with a total of 310 units valued at N19,292.65 transacted last week in 8 deals.
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.
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