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.
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SUNU Assurances targets N9.34bn via rights issue
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Allgreen to invest $10bn in 80m clean cookstove rollout
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OPay expands access to N1.2bn scholarship scheme
OPay has expanded its scholarship programme with the signing of Memoranda of Understanding with four tertiary institutions across Nigeria. The new partner institutions are Benue State Polytechnic, Kogi State Polytechnic, Montgomery Polytechnic, and Alex Ekwueme Federal University. With the addition, the total number of participating institutions in the programme has increased to 24 nationwide. The initiative is a N1.2bn, 10-year…