Economy
Investors Trade 1.410 billion Shares Worth N15.510bn in Five Days
By Dipo Olowookere
Last week, investors transacted 1.410 billion shares worth N15.510 billion in 19,025 deals on the floor of the Nigerian Exchange (NGX) Limited compared with the 598.817 million shares worth N14.234 billion transacted in 15,859 deals in the preceding week.
Data from the exchange indicated that financial stocks dominated the activity chart, with 804.570 million units valued at N6.300 billion traded in 9,922 deals, contributing 57.04 per cent and 40.62 per cent to the total trading volume and value, respectively.
Shares in the agriculture industry followed with 357.623 million units worth N287.992 million in 560 deals, and stocks in the conglomerates sector recorded a turnover of 68.309 million units worth N97.051 million in 530 deals.
Business Post reports that Access Holdings, FTN Cocoa, and Fidelity Bank were the most active equities in the week, accounting for 800.622 million units worth N3.373 billion in 2,051 deals, contributing 56.76 per cent and 21.75 per cent to the total trading volume and value, respectively.
In the week, 20 equities appreciated in price, lower than 29 equities in the previous week, while 43 equities depreciated in price, higher than 31 equities in the previous week, with 94 equities closing flat, lower than 97 equities in the previous week.
FTN Cocoa was the best-performing stock in the week as its gained 13.33 per cent to trade at 34 Kobo. NAHCO rose by 10.47 per cent to N5.70, Dangote Cement appreciated by 8.84 per cent to N240.00, Courteville expanded by 8.70 per cent to 50 Kobo, and Regency Assurance rose by 8.33 per cent to 26 Kobo.
The worst-performing stock for the week was Chams, which dropped 14.81 per cent to 23 Kobo, Ikeja Hotel declined by 12.96 per cent to 94 Kobo, Cornerstone Insurance went down by 12.00 per cent to 44 Kobo, Sovereign Trust insurance depleted by 10.71 per cent to 25 Kobo, and Livestock Feeds depreciated by 10.62 per cent to N1.01.
The All-Share Index (ASI) and the market capitalisation appreciated in the week by 0.81 per cent to 44,269.18 points and N24.112 trillion, respectively.
Similarly, all other indices finished higher with the exception of the main board, NGX CG, banking, pension, insurance, NGX-AFR bank value, NGX MERI Value, consumer goods, energy, and sovereign bond indices, which depreciated by 0.44 per cent, 0.27 per cent, 1.87 per cent, 0.44 per cent, 1.35 per cent, 0.79 per cent, 0.98 per cent, 2.32 per cent, 5.37 per cent, and 1.36 per cent, respectively, while the ASeM and growth indices closed flat.
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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