Zichis Joins NGX, Lists 600.0 million Shares Worth N1.086bn

By Dipo Olowookere

The Nigerian Exchange (NGX) Limited has welcomed a new member and its Zichis Agro-Allied Industries Plc.

The company listed its shares on the local stock exchange on Tuesday, January 20, 2026, and was assigned the trading symbol, Zichis.

Business Post reports that Zichis boosted the market capitalisation of Customs Street by N1.086 billion with the listing of 600 million ordinary shares of 50 Kobo each at N1.81 per unit.

The stock exchange put Zichis under its growth board standard segment.

The new member of the Nigerian bourse was welcomed with open arms by investors yesterday as it was among the most traded stocks for the session.

Yesterday, traders bought and sold 69.6 million shares of Zichis Agro Allied Industries worth N138.5 million at the close of transactions.

The Head of Issuer Regulation Department of the NGX, Mr Godstime Iwenekhai, disclosed in a circular that Zichis listed its stocks on the platform by introduction.

“Trading license holders are hereby notified that the entire issued and fully paid 600,000,000 ordinary shares of Zichis Agro-Allied Industries Plc were listed by Introduction at N1.81 per share on the standard segment of the growth board of Nigerian Exchange Limited on Tuesday, January 20, 2026.

“The trading symbol of Zichis Agro-Allied Industries is ZICHIS,” the notice disclosed.

This is the first major listing on the NGX in 2026.

After the listing yesterday, executives of the organisation met with stakeholders to explain what they do and more insights into the company’s numbers.