Economy
NASD Unlisted Security Index Plunges by 2.48%
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange ended in the red zone on Friday, April 5 as Capital Hotel Plc became the newest member of the bourse.
Despite adding about N15.46 billion to the alternative stock exchange because of its admission to the trading platform, the value of the market went down by 1.49 per cent or N22.40 billion during the session to N1.486 trillion from N1.508 trillion it closed on Thursday.
As for the NASD Unlisted Security Index (NSI), it plunged by 2.48 per cent or 27.65 points to wrap the session at 1,085.16 points compared with 1,112.81 points recorded at the previous session.
Data showed that Aradel Holdings Plc depleted by N200.00 yesterday to close at N2,000.00 per unit versus N2,200.00 per unit, Acorn Petroleum Plc declined by 5 Kobo to end at N1.15 per share versus the preceding day’s N1.20 per share, and UBN Property Plc lost 3 Kobo to sell at N1.80 per unit versus N1.83 per unit, while FrieslandCampina Wamco Nigeria Plc appreciated by N3.00 to trade at N70.00 per unit compared with the preceding session’s N67.00 per unit.
There was a 14.4 per cent rise in the value of securities traded at the closing session of the week to N20.9 million from N18.3 million, the volume of shares depreciated by 169.7 per cent to 49,470 units from 665,283 units, and the number of deals declined by 40 per cent to nine deals from 15 deals.
Aradel Holdings Plc remained the most traded stock by value (year-to-date) with 3.4 million units sold for N6.9 billion, Central Securities Clearing System (CSCS) Plc occupied the second position with 43.2 million units valued at N1.2 billion, and FrieslandCampina Wamco Nigeria Plc stayed in third with 5.1 million units worth N382.0 million.
IPWA Plc ended the trading session as the most active stock by volume (year-to-date) with 79.9 million units sold for N40.0 million, as the second spot was claimed by Mixta Real Estate Plc with 69.9 million units worth N114.6 million, and the third was taken by Geo-Fluids Plc with 58.8 million units valued at N146.3 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.
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