Economy
Market Participants Trade N13.9bn Stocks in Five Days
By Modupe Gbadeyanka
Transactions at the stock market improved last week when compared with the previous week, data from the Nigerian Stock Exchange (NSE) has shown.
In the week, 1.3 billion shares worth N13.9 billion were traded by market participants in 19,392 deals compared with 1.1 billion stocks valued at N10.8 billion transacted a week earlier in 20,482 deals.
Analysis indicated that the financial services industry led the activity chart by volume with 886.6 million units worth N8.4 billion traded in 10,161deals, accounting for 66.79 per cent and 60.00 per cent of the total equity turnover volume and value respectively.
The conglomerates’ industry followed with 156.0 million shares worth N187.7 million in 828 deals, while the third place was the consumer goods sector with a turnover of 141.1 million shares worth N2.2 billion in 3,403 deals.
A further breakdown showed that GTBank, Transcorp and Zenith Bank accounted for 419.5 million shares worth N6.1 billion in 3,854deals, contributing 31.60 per cent and 43.63 per cent to the total equity turnover volume and value respectively.
A total of 29 equities appreciated in price during the week, lower than 41 equities in the previous week, while 33 stocks depreciated in price, higher than 18 stocks in the previous week, with 101 shares remaining unchanged, lower than 104 equities recorded in the previous week.
Cadbury Nigeria was the best performing stock, rising by 12.88 per cent to N7.45 per share, while Nigerian Breweries grew by 12.50 per cent to N36.00 per share.
Unilever Nigeria gained 11.61 per cent in the week to finish at N12.50 per share, C&I Leasing appreciated by 10.00 per cent to close at N4.40 per share, while Seplat also rose by 10.00 per cent to end at N385.00 per share.
The worst performing stock of the week was Champion Breweries, which went down by 25.26 per cent to close at 71 kobo per share.
Ikeja Hotel declined by 25.00 per cent to finish at 84 kobo per share, Cornerstone Insurance reduced by 10.91 per cent to 49 kobo per share, Northern Nigerian Flour Mills decreased by 10.00 per cent to N3.87 per share, while Consolidated Hallmark Insurance slipped by 9.76 per cent to 37 kobo per share.
In the week, the All-Share Index (ASI) and market capitalisation both appreciated by 0.63 per cent to close at 25,199.84 points and N13.146 trillion respectively.
All other indices finished higher with the exception of NSE 30, NSE Premium, NSE Banking, NSE AFR Div Yield, NSE MERI Value, NSE Lotus and NSE industrial goods indices which depreciated by 0.31 per cent, 1.27 per cent, 0.03 per cent, 0.07 per cent, 0.01 per cent, 0.70 per cent and 2.71 per cent while the NSE ASeM 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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