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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Visa, Zenith Bank unveil premium Signature Card for affluent Nigerians
By: Amarachi Okonkwo Visa Inc. has partnered with Zenith Bank to introduce the Visa Signature Card, a premium payment solution designed to cater to the lifestyle and financial needs of affluent customers in Nigeria. The card was unveiled during a media briefing held at Zenith Bank’s headquarters in Victoria Island, where executives from both organisations…
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Business Times VOL:1 NO:43 Edition
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AfDB Approves $5.52m Grant to Support Tax Reforms in Nigeria, West Africa
The African Development Bank (AfDB) Group has approved a $5.52 million grant aimed at strengthening tax administration and boosting domestic revenue mobilization in Nigeria and several West African countries. The announcement was contained in a statement confirming the signing of a grant agreement between the AfDB and the West African Tax Administration Forum (WATAF). The…