Economy
Nigerian Unlisted Equities Loses 0.40%
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed in the red zone on Thursday, January 25 after recording a 0.4 per cent depreciation at the close of business.
The loss was influenced by three companies admitted to the alternative stock exchange, leaving the market capitalisation down by N5.54 billion to close at N1.387 trillion compared with the preceding day’s N1.1393 trillion, and the NASD Unlisted Security Index (NSI) dropped 4.09 points to end the day at 1,023.72 points versus the 1,027.81 points it closed on Wednesday.
FrieslandCampina Wamco Nigeria Plc lost N1.55 during the trading session to quote at N78.42 per unit versus the midweek session’s N79.97 per unit, Central Securities Clearing System (CSCS) Plc shed 50 Kobo to close at N20.00 per unit compared with the previous day’s N20.50 per unit, and Resourcery Plc slumped by 3 Kobo to 40 Kobo per share from 43 Kobo per share.
However, AG Mortgage Bank Plc rose by 1 Kobo to 48 Kobo per share from 47 Kobo per share, and Acorn Petroleum Plc gained 1 Kobo to trade at 84 Kobo per unit, in contrast to the previous day’s 83 Kobo per unit.
As for the activity chart, it was all red after the volume of securities went down by 84 per cent to 910,596 units from 5.7 million units, the value of shares decreased by 56.9 per cent to N17.3 million from N40.1 million, and the number of deals declined by 16 per cent to 21 deals from the 25 deals carried out on Wednesday.
The most traded stock by volume (year-to-date) was IPWA Plc with 48.9 million units sold for N24.4 million, Geo-Fluids was in second place with 30.0 million units valued at N73.5 million, and UBN Property Plc stood in third place with 29.9 million units worth N52.3 million.
The most traded stock by value (year-to-date) was Aradel Plc with a turnover of 346,945 units worth N446.6 million, FrieslandCampina Plc followed with 2.2 million units valued at N169.4 million, and Geo-Fluids Plc remained in third with 30.0 million units valued at N73.5 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