30 MINUTES DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS [BLS] N2.440.00 % ABC2027S0 N100.000.00 % ABCTRANS N0.780.07 % ACADEMY N1.740.00 % ACCESSCORP [MRF] N23.000.00 % ADV2028S1A N100.000.00 % ADV2031S1B N100.000.00 % AFRINSURE [MRF] N0.200.00 % AFRIPRUD N7.100.00 % AFROMEDIA [MRF] N0.240.00 % AGB2024S0 N100.000.00 % AIICO N0.990.00 % AIRTELAFRI N2200.000.00 % ALEX [BLS] N7.150.00 % ARBICO N1.030.00 % ASOSAVINGS [DIP] N0.500.00 % AUSTINLAZ [DIP] N2.030.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N17.350.00 % BETAGLAS N59.400.00 % BUA2027S1 N100.000.00 % BUACEMENT N141.000.00 % BUAFOODS N379.900.00 % CADBURY N19.000.00 % CAP N23.500.00 % CAPHOTEL [BLS] N3.020.00 % CAPOIL [MRF] N0.200.00 % CAVERTON N1.600.00 % CHAMPION [BMF] N3.760.00 % CHAMS N2.13-0.08 % CHELLARAM N4.100.00 % CHIPLC N1.090.00 % CIL2028S2 N100.000.00 % CILEASING N3.450.05 % CMB2025S1 N100.000.00 % CONHALLPLC N1.330.00 % CONOIL N90.900.00 % CORNERST N2.200.00 % CSF2025S1 N100.000.00 % CUSTODIAN N9.000.00 % CUTIX N2.750.15 % CWG [BLS] N6.05-0.05 % DAARCOMM [MRF] N0.71-0.07 % DAN2024S1TA N100.000.00 % DAN2026S1TB N100.000.00 % DAN2027S2TA N100.000.00 % DAN2028S1TC N100.000.00 % DAN2029S2TB N100.000.00 % DAN2032S2TC N100.000.00 % DANGCEM N686.700.00 % DANGSUGAR N59.00-2.25 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.720.00 % DIF2029S1TA N100.000.00 % DIF2032S1TB N100.000.00 % DIF2032S2 N100.000.00 % DUNLOP [MRS] N0.200.00 % EKOCORP [BMF] N5.790.00 % ELLAHLAKES N3.190.00 % ENAMELWA N19.300.00 % EPF2026S1 N100.000.00 % ETERNA N15.200.05 % ETI [MRF] N25.251.95 % ETRANZACT [BLS] N5.700.00 % EUNISELL N3.200.00 % FBNH N40.303.30 % FBQ2030S2 N100.000.00 % FCMB N8.40-0.05 % FFFBNBALF N146.140.00 % FFFBNFIF N1234.590.00 % FFFBNMMF N100.000.00 % FFFRONTIER N121.430.00 % FFFSDHCGF N3002.680.00 % FFFSDHCIF N2858.810.00 % FFIONEABMM N100.000.00 % FFIONEVBF N2.150.00 % FFIONEVGIF N1.000.00 % FFLEGYDTFD N3.350.00 % FFLEGYEYFD N1.180.00 % FFLEGYMMFD N100.000.00 % FFLEGYUBFD N1.040.00 % FFSFSFIXED N1.030.00 % FFUNCAPBDF N1.650.00 % FFUNCAPBLF N1.230.00 % FFUNCAPEBF N109.300.00 % FFUNCAPEQF N0.720.00 % FFUNCAPMMF N1.000.00 % FFUNCAPWFF N1.120.00 % FG112034S2 N100.000.00 % FG112034S2 N100.000.00 % FG132026S1 N100.080.00 % FG132026S1 N100.080.00 % FG132036S2 N100.000.00 % FG132036S2 N100.000.00 % FG142027S1 N98.350.00 % FG142027S1 N98.350.00 % FG142037S2 N100.000.00 % FG142037S2 N100.000.00 % FG152025S2 N102.890.00 % FG152025S2 N102.890.00 % FG152028S1 N98.000.00 % FG152028S1 N98.000.00 % FG162029S1 N90.250.00 % FG162029S1 N90.250.00 % FG162049S2 N95.000.00 % FG162049S2 N95.000.00 % FG172035S1 N20.000.00 % FG172035S1 N20.000.00 % FG172045S3 N100.000.00 % FG172045S3 N100.000.00 % FG172050S2 N105.000.00 % FG172050S2 N105.000.00 % FG182032S2 N100.000.00 % FG182042S1 N100.000.00 % FG192033S1 N100.000.00 % FG192038S2 N100.000.00 % FG192053S3 N89.210.00 % FG202031S1 N100.000.00 % FG202034S2 N100.000.00 % FG5B2028S5 N100.000.00 % FG5B2028S5 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S5 N100.000.00 % FG6B2029S5 N100.000.00 % FG7B2030S3 N70.500.00 % FG7B2030S3 N70.500.00 % FGB2026S2 N108.000.00 % FGB2026S2 N108.000.00 % FGEUR2025S5 N100.000.00 % FGEUR2027S2 N100.000.00 % FGEUR2028S10 N100.000.00 % FGEUR2029S4 N100.000.00 % FGEUR2030S8 N100.000.00 % FGEUR2031S6 N100.000.00 % FGEUR2032S1 N100.000.00 % FGEUR2033S11 N100.000.00 % FGEUR2038S7 N100.000.00 % FGEUR2047S3 N100.000.00 % FGEUR2049S4 N100.000.00 % FGEUR2051S12 N100.000.00 % FGS202402 N90.020.00 % FGS202404 N71.000.00 % FGS202406 N98.460.00 % FGS202408 N40.050.00 % FGS202415 N100.000.00 % FGS202417 N100.000.00 % FGS202419 N100.000.00 % FGS202421 N70.000.00 % FGS202423 N70.000.00 % FGS202425 N100.000.00 % FGS202427 N80.000.00 % FGS202429 N100.000.00 % FGS202431 N85.000.00 % FGS202491 N80.000.00 % FGS202493 N90.000.00 % FGS202495 N100.000.00 % FGS202497 N93.000.00 % FGS202499 N70.000.00 % FGS202510 N100.000.00 % FGS202512 N60.000.00 % FGS202514 N70.000.00 % FGS202516 N100.630.00 % FGS202518 N100.000.00 % FGS202520 N63.000.00 % FGS202522 N100.000.00 % FGS202524 N100.000.00 % FGS202526 N75.000.00 % FGS202528 N55.000.00 % FGS202530 N60.000.00 % FGS202532 N70.000.00 % FGS202533 N100.000.00 % FGS202535 N95.000.00 % FGS202537 N81.000.00 % FGS202539 N90.000.00 % FGS202541 N100.000.00 % FGS202543 N100.000.00 % FGS202545 N85.000.00 % FGS202547 N100.000.00 % FGS202549 N100.000.00 % FGS202551 N55.000.00 % FGS202553 N100.000.00 % FGS202555 N100.000.00 % FGS202634 N60.000.00 % FGS202636 N100.000.00 % FGS202638 N100.000.00 % FGS202640 N100.000.00 % FGS202642 N100.000.00 % FGS202644 N98.960.00 % FGS202646 N100.000.00 % FGS202648 N50.000.00 % FGS202650 N97.000.00 % FGS202652 N80.000.00 % FGS202654 N100.000.00 % FGS202656 N100.000.00 % FGS202657 N100.000.00 % FGS202659 N100.000.00 % FGS202758 N100.000.00 % FGS202760 N100.000.00 % FGSUK2024S1 N102.000.00 % FGSUK2025S2 N100.008.00 % FGSUK2027S3 N89.990.00 % FGSUK2031S4 N90.000.00 % FGSUK2032S5 N100.000.00 % FGSUK2033S6 N101.001.00 % FHSUK202801 N100.000.00 % FHSUK202902 N100.000.00 % FID2031S1 N100.000.00 % FIDELITYBK N10.500.50 % FIDSON N16.000.00 % FLOURMILL N35.000.00 % FMN2025S3B N100.000.00 % FMN2026S1 N100.000.00 % FTNCOCOA [RST] N1.770.15 % GEREGU N1000.000.00 % GOLDBREW [BLS] N3.150.00 % GOLDINSURE [MRS] N0.200.00 % GREENWETF N989.950.00 % GTCO [MRF] N46.65-1.80 % GUINEAINS N0.37-0.01 % GUINNESS N46.000.00 % HONYFLOUR [BLS] N3.740.00 % IAO2026S1 N100.000.00 % IKEJAHOTEL N7.200.00 % IMG N13.750.00 % INFINITY [BLS] N7.190.00 % INTBREW [BLS] N4.450.06 % INTENEGINS [RST] N1.20-0.02 % JAIZBANK N2.070.06 % JAPAULGOLD N2.100.00 % JBERGER N72.600.00 % JOHNHOLT N1.980.00 % JULI N5.380.00 % KGB2022S2 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LAB2031S4 N99.980.00 % LAB2033S1 N100.000.00 % LASACO N2.000.00 % LASUK2030S2 N100.000.00 % LEARNAFRCA N3.400.00 % LFZ2041S1 N100.000.00 % LFZ2042S2 N100.000.00 % LINKASSURE N0.780.00 % LIVESTOCK N1.700.15 % LIVINGTRUST N3.270.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N26.000.00 % MANSARD N5.500.40 % MAYBAKER N5.470.37 % MBENEFIT N0.600.00 % MCI2026S1 N100.000.00 % MCNICHOLS N1.17-0.12 % MECURE N9.720.00 % MEDVIEWAIR [BMF] N1.620.00 % MERGROWTH N590.000.00 % MERVALUE N707.500.00 % MEYER N5.600.00 % MORISON N1.410.00 % MRS N135.000.00 % MTNN N247.50-20.30 % MULTITREX [DWL] N0.360.00 % MULTIVERSE N15.300.00 % NAHCO N31.000.00 % NASCON N57.000.00 % NB N29.50-0.30 % NCR N4.320.00 % NEIMETH [BLS] N1.700.00 % NEM N7.300.65 % NESTLE N901.000.00 % NEWGOLD N22001.31-1998.69 % NGXGROUP N24.102.10 % NIDF N114.000.00 % NIGERINS [MRF] N0.200.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N53.650.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK N1.950.00 % NSLTECH N0.600.00 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO [MRF] N11.25-0.25 % ODB2027S1 N100.000.00 % OKOMUOIL N243.000.00 % OMATEK [RST] N0.800.00 % PBS2026S1 N100.000.00 % PHARMDEKO [MRF] N1.830.00 % PREMPAINTS [MRF] N10.000.00 % PRESCO N231.500.00 % PRESTIGE [BLS] N0.620.03 % PZ N40.000.00 % RAKUNITY [MRF] N0.300.00 % REDSTAREX N3.380.00 % REGALINS N0.37-0.02 % RESORTSAL [MRF] N0.200.00 % RONCHESS N81.000.00 % ROYALEX N0.860.07 % RTBRISCOE N0.530.03 % SB2024S1TA N100.000.00 % SB2024S1TB N100.000.00 % SCOA N1.960.00 % SEPLAT N3370.000.00 % SFSREIT N101.350.00 % SIAMLETF40 N933.000.00 % SIM2025S2 N100.000.00 % SKYAVN N22.950.00 % SMURFIT [MRF] N0.200.00 % SOVRENINS N0.470.04 % STACO [MRF] N0.480.00 % STANBIC N58.004.05 % STANBICETF30 N500.000.00 % STDINSURE [MRF] N0.200.00 % STERLINGNG N5.050.05 % SUNUASSUR N1.25-0.02 % TAJSUKS1 N99.990.00 % TANTALIZER N0.390.00 % THOMASWY [RST] N1.990.17 % TIP N2.400.00 % TOTAL N346.500.00 % TOURIST [DIP] N2.840.00 % TRANSCOHOT N97.900.00 % TRANSCORP N15.15-0.35 % TRANSEXPR N1.270.00 % TRANSPOWER N383.003.00 % TRIPPLEG N4.130.00 % TSL2030S1 N100.000.00 % UACN N12.600.00 % UBA [MRF] N25.451.15 % UBN [BMF] N6.650.00 % UBN2029S3 N100.000.00 % UCAP [MRF] N22.251.25 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNHOMES [DIP] N3.020.00 % UNILEVER N16.000.00 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [BRS] N8.100.00 % UNITYBNK [MRF] N1.900.10 % UNIVINSURE N0.380.00 % UPDC [BLS] N1.40-0.12 % UPDCREIT N5.500.00 % UPL N2.400.00 % VANLEER [MRF] N5.450.00 % VERITASKAP N0.68-0.01 % VETBANK N9.020.00 % VETGOODS N16.300.00 % VETGRIF30 N38.800.00 % VETINDETF N48.000.00 % VFDGROUP N202.900.00 % VITAFOAM N21.250.00 % VSPBONDETF N180.010.01 % WAPCO N36.000.20 % WAPIC N0.670.00 % WEMABANK N7.800.00 % ZENITHBANK [MRF] N39.00-0.70 %

Equities

The Nigerian Exchange Limited (NGX), one of the leading markets in Africa by market capitalization and turnover, provides investors access to outstanding liquidity and transparency across a wide range of attractive trading segments. At NGX, investors enjoy fully-electronic ​hybrid trading services (order & quote driven) and unlimited diversification opportunities. A​​ comprehensive range of investment products, including Equities, Exchange Traded Funds and Bonds, are currently traded on NGX using its modern and high-performance trading platform. ​ ​Securities traded on NGX Equities Market are listed on Premium BoardMain BoardGrowth Board​, Real Estate Investment Trusts (REITs) and Closed-end Funds.
Shares

Shares are negotiable instruments issued by a corporation that represent a capital share of that corporation. The Nigerian Exchange Limited (NGX), as a preferred listing destination in Africa, features large to small-sized companies that meet and adhere to its globally acceptable high listing standards.

​By investing in shares of listed companies on NGX, you become part owner of these listed companies and thus can benefit from share price growth and/or income paid as dividends. Ownership interest depends on the number of shares held by an investor relative to the company’s outstanding shares and class of shares held. ​

​An investor can trade shares by using a licensed stockbroker to buy and sell shares on his/her behalf or remotely through direct market access.

  1. Capital growth:Increase in share market value. Please note that shares can also lose value, as stock prices can fall below your purchase price due to macroeconomic or company-specific factors.
  2. Dividends:Share ownership incentive given by a company to its shareholders, usually as a share of profits. Some companies pay dividends regularly while others seldom pay or not pay at all. Some companies also allow you to reinvest dividends into new shares.
  3. Buying and selling:Shares listed on NGX are easily tra​ded and market makers also help provide liquidity. Investors can buy or sell quickly through a licensed stockbroker. Brokerage fees for executing a trade are usually a fixed fee or a small percentage of the value of the shares traded.
  4. Shareholder rights:As a shareholder in a listed company, you will have the right to receive company information​ and to vote at annual general meetings. You can also have the right to participate in some further share issues by the company, such as rights issues. Your rights may vary depending on the type of shares that you hold.

Ordinary shares​, also known as common shares, provide the holder with voting rights and entitle him or her to a share of the company’s success through dividends (when offered), capital appreciation and scrip. In the event of liquidation, ordinary shareholders have rights to a company’s assets only after preference shareholders, as well as bondholders and other debt holders, have been satisfied.

Common shareholders sometimes enjoy what are called “pre-emptive rights.” Pre-emptive rights allow common shareholders to maintain their proportional ownership in the company in the event that the company issues new shares. This means that common shareholders with pre-emptive rights have the right, but not the obligation, to purchase as many new shares of the company as it would take to maintain their proportional ownership in the company. 


Preference shares holders are entitled to a preferential distribution of dividends prior to any distribution to the ordinary shareholders. Moreover, preference shares typically pay a fixed dividend, whereas common shares do not. Unlike common shareholders, preference shareholders usually do not have voting rights. In the event of a company bankruptcy, preference shareholders have a right to be paid from the company assets first. 

There are four types of preference shares: cumulative preferred shares, which must pay out all dividends including skipped dividends; non-cumulative preferred shares, which do not pay out skipped dividends; participating preferred shares, which give the holder dividends plus, under certain conditions, extra earning; and convertible shares, which can be exchanged for a specified number of ordinary shares. ​​

Resources