Equity
NGX Closes Tuesday Session with 483m Shares Traded, ASI Inches Up
The Nigerian Stock Exchange (NGX) closed Tuesday, January 27, 2026, with a total of 483,039,050 shares traded in 41,471 deals, corresponding to a market value of ₦17.35 billion. This represented a 20 percent decline in volume and a 29 percent drop in deals compared with the previous trading day on Monday, January 26. The market capitalization stood at ₦106.1 trillion at the end of the session.
Out of 130 listed equities that participated in trading, 33 recorded gains while 26 declined. Union Homes Real Estate Investment led the gainers with a 9.94 percent appreciation, closing at ₦86.25 per share. SCOA Nigeria, Deap Capital Management & Trust, and Morison Industries also posted strong gains of 9.94 percent, 9.94 percent, and 9.92 percent respectively. On the losing side, Austin Laz & Company suffered the steepest decline of 9.96 percent, closing at ₦4.34 per share. Neimeth International Pharmaceuticals dropped by 9.62 percent, Prestige Assurance Company by 7.37 percent, and Africa Prudential by 6.96 percent.
Access Holdings recorded the highest trading volume with 26.5 million shares exchanged, followed by Guaranty Trust Holding with 25.3 million shares, Secure Electronic Technology with 24.7 million shares, and Japaul Gold and Ventures with 21.4 million shares.
The benchmark NGX All-Share Index (ASI) gained 196.26 points, or 0.12 percent, to close at 165,713.82. This performance reflects a one-week loss of 0.33 percent, a four-week gain of 7.33 percent, and a year-to-date increase of 6.49 percent. Other indices also posted mixed results: the NGX Top 30 Index rose by 0.12 percent, the NGX Insurance Index advanced by 1.23 percent, and the NGX Consumer Goods Index climbed 0.46 percent. The NGX Main Board Index added 0.24 percent, the NGX Industrial Index edged up 0.09 percent, while the NGX Pension Index gained 0.04 percent.
-
NNPC completes OB3 pipeline River Niger crossing, boosts gas supply outlook
The Nigerian National Petroleum Company Limited has announced the successful completion of the River Niger crossing on the Obiafu-Obrikom-Oben gas pipeline, marking a major milestone in Nigeria’s gas infrastructure development and strengthening prospects for increased energy supply to industries and power plants. The development was executed by the NNPC Gas Infrastructure Company, a subsidiary of…
-
Aviation union accuses AMCON of mismanaging Aero Contractors
The National Union of Air Transport Employees has accused the Asset Management Corporation of Nigeria of mismanaging Aero Contractors Company Limited, raising concerns over the airline’s operational stability and long-term survival. The union made the allegation in a statement signed by its National President, Nnabue Konye, where it criticised AMCON’s handling of the airline, warning…
-
LCCI faults budget execution, warns against oil windfall spending
The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over Nigeria’s fiscal management, warning that weak budget implementation and the Federal Government’s approach to rising oil revenues could undermine long-term economic sustainability. The chamber made its position known during its second quarterly press conference on the state of the economy held in Lagos,…