Economy
Unlisted Stocks Investors Pocket N14.87bn Friday
By Adedapo Adesanya
The final trading session of the week on the floor of the NASD Over-the-Counter (OTC) Securities Exchange ended on a positive note with an appreciation of 1.55 per cent buoyed by three companies.
FrieslandCampina WAMCO Nigeria Plc continued being the hot stock as it closed the session higher by N13.72 or 9.1 per cent to sell at N150.85 per unit compared with the previous day’s value of N137.13 per unit.
Another price gainer was NASD Plc, which expanded by 94 kobo or 6.5 per cent to close at N14.50 per share in contrast to N13.56 per share it closed a day earlier, while Central Securities Clearing System (CSCS) Plc improved its share value by 21 kobo or 1.3 per cent to N15.84 per unit from N15.63 per unit.
The gains posted by the trio increased the wealth of unlisted stocks investors as the market capitalisation of the bourse increased by N14.87 billion to N971.52 billion from N956.65 billion, while the NASD Unlisted Securities Index (NSI) grew by 11.31 points to wrap the session at 738.87 points compared with 727.56 points in the previous session.
During the session, there was a 27.4 per cent decline in the volume of securities traded by investors to 1.0 million units from the previous trading day’s 1.4 million units, while the value of transactions increased by 65.2 per cent to N54.9 million from N33.2 million, with the number of deals rising by 33.33 per cent to 28 deals from the preceding session’s 21 deals.
Like it had been in the previous trading days, AG Mortgage Bank Plc was the most active stock by volume on a year-to-date basis with the sale of 2.3 billion units of its stocks for N1.2 billion, followed by CSCS Plc which has sold 660.5 million units valued at N13.8 billion, and NASD Plc, which has traded 43.0 million units worth N462.2 million.
Also, CSCS Plc remained the most traded stock by value on a year-to-date basis with a turnover of 660.2 million units exchanged for N13.8 billion, AG Mortgage Plc was in second place with 2.3 billion units worth N1.2 billion, while FrieslandCampina WAMCO Plc occupied third place with 3.8 million units valued at N484.7 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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