30 MINUTES DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS N3.100.00 % ABC2027S0 N100.000.00 % ABCTRANS N1.280.00 % ACADEMY N3.03-0.30 % ACCESSCORP N28.200.05 % ADV2028S1A N100.000.00 % ADV2031S1B N100.000.00 % AFRINSURE [MRF] N0.200.00 % AFRIPRUD N33.500.50 % AFROMEDIA [MRF] N0.240.00 % AIICO N1.720.02 % AIRTELAFRI N2156.900.00 % ALEX [BLS] N7.150.00 % ARADEL N530.000.00 % ARBICO N1.030.00 % ASOSAVINGS [DWL] N0.500.00 % AUSTINLAZ [RST] N1.900.00 % AVAIF N1000000.000.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N21.000.00 % BETAGLAS N95.200.00 % BUA2027S1 N100.000.00 % BUACEMENT N93.000.00 % BUAFOODS N373.500.00 % CADBURY N29.100.00 % CAP N47.000.00 % CAPHOTEL [BLS] N3.020.00 % CAPOIL [DIP] N0.200.00 % CAVERTON N2.33-0.09 % CHAMPION [BLS] N3.750.00 % CHAMS N2.310.00 % CHELLARAM N7.890.00 % CHIPLC N1.090.00 % CIL2028S2 N100.000.00 % CILEASING N4.000.00 % CMB2025S1 N100.000.00 % CONHALLPLC N3.29-0.36 % CONOIL N380.000.00 % CORNERST N3.13-0.34 % CSF2025S1 N100.000.00 % CUSTODIAN N19.950.00 % CUTIX N2.520.01 % CWG N9.000.30 % DAARCOMM N0.700.00 % DAN2026S1TB N100.000.00 % DAN2027S2TA N100.000.00 % DAN2028S1TC N100.000.00 % DAN2029S2TB N100.000.00 % DAN2032S2TC N100.000.00 % DANGCEM N480.000.00 % DANGSUGAR N36.000.00 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.98-0.02 % DIF2029S1TA N100.000.00 % DIF2032S1TB N100.000.00 % DIF2032S2 N100.000.00 % DUNLOP [DIP] N0.200.00 % EKOCORP [BMF] N5.800.00 % ELLAHLAKES N3.72-0.02 % ENAMELWA N21.200.00 % EPF2026S1 N100.000.00 % ETERNA N43.00-2.00 % ETI [MRF] N34.700.00 % ETRANZACT N6.500.00 % EUNISELL N12.050.00 % FBNH N32.20-0.25 % FBQ2030S2 N100.000.00 % FCMB N11.200.10 % 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 N72.990.00 % FG112034S2 N72.990.00 % FG132026S1 N100.000.00 % FG132026S1 N100.000.00 % FG132036S2 N25.000.00 % FG132036S2 N25.000.00 % FG142027S1 N93.360.00 % FG142027S1 N93.360.00 % FG142037S2 N89.600.00 % FG142037S2 N89.600.00 % FG152025S2 N102.890.00 % FG152025S2 N102.890.00 % FG152028S1 N55.000.00 % FG152028S1 N55.000.00 % FG162029S1 N100.000.00 % FG162029S1 N100.000.00 % 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 % FG182032S2 N100.000.00 % FG182042S1 N100.000.00 % FG182042S1 N100.000.00 % FG192033S1 N100.000.00 % FG192033S1 N100.000.00 % FG192038S2 N100.000.00 % FG192038S2 N100.000.00 % FG192053S3 N91.050.00 % FG192053S3 N91.050.00 % FG202027S3 N102.230.00 % FG202027S3 N102.230.00 % FG202029S5 N96.720.00 % FG202029S5 N96.720.00 % FG202031S1 N87.000.00 % FG202031S1 N87.000.00 % FG202033S6 N96.020.00 % FG202033S6 N96.020.00 % FG202034S2 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 N100.000.00 % FGB2026S2 N100.000.00 % 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 % FGS202514 N70.000.00 % FGS202516 N100.630.00 % FGS202518 N85.000.00 % FGS202520 N75.000.00 % FGS202522 N70.000.00 % FGS202524 N70.000.00 % FGS202526 N100.000.00 % FGS202528 N70.000.00 % FGS202530 N70.000.00 % FGS202532 N70.000.00 % FGS202537 N100.000.00 % FGS202539 N90.000.00 % FGS202541 N103.000.00 % FGS202543 N80.000.00 % FGS202545 N85.000.00 % FGS202547 N100.000.00 % FGS202549 N70.000.00 % FGS202551 N100.000.00 % FGS202553 N70.000.00 % FGS202555 N70.000.00 % FGS202634 N60.000.00 % FGS202636 N65.000.00 % FGS202638 N60.000.00 % FGS202640 N65.000.00 % FGS202642 N70.000.00 % FGS202644 N100.000.00 % FGS202646 N85.000.00 % FGS202648 N80.000.00 % FGS202650 N60.000.00 % FGS202652 N60.000.00 % FGS202654 N100.000.00 % FGS202656 N100.000.00 % FGS202657 N82.580.00 % FGS202659 N100.000.00 % FGS202661 N100.000.00 % FGS202663 N71.000.00 % FGS202665 N70.000.00 % FGS202667 N75.000.00 % FGS202669 N72.000.00 % FGS202671 N100.000.00 % FGS202673 N100.000.00 % FGS202675 N100.000.00 % FGS202677 N110.000.00 % FGS202679 N100.000.00 % FGS202758 N70.000.00 % FGS202760 N95.000.00 % FGS202762 N100.000.00 % FGS202764 N95.000.00 % FGS202766 N100.000.00 % FGS202768 N100.000.00 % FGS202770 N100.000.00 % FGS202772 N80.000.00 % FGS202774 N114.000.00 % FGS202776 N100.000.00 % FGS202778 N100.000.00 % FGS202780 N100.000.00 % FGS202781 N100.000.00 % FGS202882 N100.000.00 % FGSUK2025S2 N100.050.00 % FGSUK2027S3 N76.000.00 % FGSUK2031S4 N89.000.00 % FGSUK2032S5 N98.00-7.95 % FGSUK2033S6 N100.002.00 % FHSUK202801 N100.000.00 % FHSUK202902 N100.000.00 % FID2031S1 N100.000.00 % FIDELITYBK [MRF] N19.35-0.15 % FIDSON N20.000.00 % FMN2025S3B N100.000.00 % FMN2026S1 N100.000.00 % FMN2029S2 N100.000.00 % FTNCOCOA [RST] N1.730.00 % GEREGU N1150.000.00 % GOLDBREW [BMF] N7.090.00 % GOLDINSURE [DIP] N0.200.00 % GREENWETF N515.000.00 % GTCO N63.450.00 % GUINEAINS [MRF] N0.850.06 % GUINNESS N77.000.00 % HMCALL N5.87-0.01 % HONYFLOUR [BLS] N14.010.01 % IAO2026S1 N100.000.00 % IKEJAHOTEL N13.80-0.20 % IMG N38.000.00 % INFINITY [BLS] N7.000.00 % INTBREW [BLS] N5.900.20 % INTENEGINS [RST] N2.380.15 % JAIZBANK N3.40-0.20 % JAPAULGOLD N2.12-0.01 % JBERGER N128.000.00 % JOHNHOLT N7.540.00 % JULI N10.300.00 % KGB2022S2 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LAB2031S4 N99.960.00 % LAB2033S1 N100.000.00 % LASACO N3.200.00 % LASUK2030S2 N100.000.00 % LEARNAFRCA N4.00-0.30 % LFZ2041S1 N100.000.00 % LFZ2042S2 N100.000.00 % LINKASSURE N1.400.00 % LIVESTOCK N6.010.00 % LIVINGTRUST N4.810.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N36.700.00 % MANSARD N9.400.05 % MAYBAKER N9.000.00 % MBENEFIT [MRF] N0.610.00 % MCI2026S1 N100.000.00 % MCNICHOLS N1.750.00 % MECURE N12.550.00 % MEDVIEWAIR [DIP] N1.620.00 % MERGROWTH N387.000.00 % MERVALUE N135.000.00 % MEYER N9.250.00 % MORISON N3.610.00 % MRS N179.800.00 % MTNN N264.200.00 % MULTITREX [DWL] N0.360.00 % MULTIVERSE N10.80-0.10 % NAHCO N65.900.00 % NASCON N41.50-0.35 % NB N36.303.30 % NCR N7.300.00 % NEIMETH N3.080.00 % NEM N13.250.00 % NESTLE N975.000.00 % NEWGOLD N44700.000.00 % NGXGROUP N29.000.00 % NIDF N111.700.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N80.600.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK N1.830.01 % NSLTECH N0.700.01 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO N63.00-7.00 % ODB2027S1 N100.000.00 % OKOMUOIL N536.000.00 % OMATEK N0.840.01 % PBS2026S1 N100.000.00 % PHARMDEKO [MRF] N1.830.00 % PREMPAINTS [MRF] N10.000.00 % PRESCO N785.000.00 % PRESTIGE [BLS] N1.250.00 % PZ N27.50-0.35 % REDSTAREX N6.000.00 % REGALINS N0.73-0.04 % RONCHESS N81.000.00 % ROYALEX N0.990.00 % RTBRISCOE N2.46-0.21 % SCOA N3.440.00 % SEPLAT N5700.000.00 % SFSREIT N197.350.00 % SIAMLETF40 N694.00-1.00 % SIM2025S2 N100.000.00 % SKYAVN N46.500.00 % SMURFIT [MRF] N0.260.00 % SOVRENINS N1.15-0.03 % STACO [DIP] N0.480.00 % STANBIC N64.00-0.50 % STANBICETF30 N490.000.00 % STDINSURE [DIP] N0.200.00 % STERLINGNG N6.00-0.04 % SUNUASSUR N5.78-0.63 % TAJSUKS1 N100.000.00 % TANTALIZER N1.95-0.10 % THOMASWY [MRS] N1.850.00 % TIP N4.450.40 % TOTAL N670.000.00 % TRANSCOHOT N126.100.00 % TRANSCORP N60.000.00 % TRANSEXPR N2.000.00 % TRANSPOWER N364.900.00 % TRIPPLEG N2.230.00 % TSL2030S1 N100.000.00 % UACN N37.000.00 % UBA N38.60-0.10 % UBN [BMF] N6.650.00 % UBN2029S3 N100.000.00 % UCAP N22.50-0.35 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNILEVER N40.000.00 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [DWL] N8.000.00 % UNITYBNK [MRF] N1.510.00 % UNIVINSURE [MRF] N0.67-0.03 % UPDC [BLS] N3.75-0.03 % UPDCREIT N6.80-0.60 % UPL N5.100.10 % VANLEER [DIP] N5.450.00 % VERITASKAP N1.250.05 % VETBANK N13.000.00 % VETGOODS N18.450.00 % VETGRIF30 N39.340.00 % VETINDETF N41.500.00 % VFDGROUP N58.000.00 % VITAFOAM N38.000.00 % VSPBONDETF N330.000.00 % WAPCO N77.900.00 % WAPIC N2.510.06 % WEMABANK N12.000.00 % ZENITHBANK N51.05-0.55 %

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