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    30 MINUTES DELAYED DATA:

    Strengthening the Competitiveness of African Economies

    Published On July 1, 2025
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    Lagos, Nigeria. Tuesday, 1 July 2025. Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; Afrinvest Bank Value Index; Afrinvest Dividend Yield Index; Meristem Growth Index; Meristem Value Index; and the five Sectoral Indices of The Exchange – NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil & Gas.

    The review has led to the entry and exit of some companies from several indices which took effect at the open of the market on Tuesday, 1 July 2025. Below are the incoming and exiting companies in the various indices:

    Indices Title

    Incoming

    Exiting

     

     

     

     

    NGX 30 Index

    • Aradel Holdings Plc
    • Wema Bank Plc
    • Conoil Plc
    • Julius Berger Nigeria Plc

     

     

     

    NGX Consumer Goods Index

    • McNichols Consolidated Plc
    • Golden Guinea Breweries Plc

     

     

     

    NGX Banking Index

    • None
    • None

     

     

     

    NGX Insurance Index

    • LASACO Assurance Plc.
    • Fortis Global Insurance Plc
    • International Energy Insurance Plc

     

     

     

    NGX Industrial Index

    • Austin Laz & Company Plc
    • Notore Chemical Industries Plc

     

     

     

    NGX Oil & Gas Index

    • None
    • None

     

     

     

    NGX Pension Index

    • None
    • None

     

     

     

    NGX Lotus Islamic Index

     

    • None
    • None

     

     

     

    Corporate Governance Index

    • None
    • None

     

     

     

    NGX Pension Broad Index

    • None
    • None

    Afrinvest Bank Value Index

    • None
    • None

    Afrinvest Div Yield Index

    • Access Holdings Plc
    • FCMB Group Plc.
    • Julius Berger Nigeria Plc
    • None

    Meristem Growth Index

    • Wema Bank Plc
    • Chemical and Allied Products Plc
    • Guaranty Trust Holding Company Plc
    • Fidelity Bank Plc.
    • Transnational Corporation plc
    • United Bank for Africa Plc
    • Unilever Nigeria Plc
    • Guinness Nig Plc

     

     

    Meristem Value Index

    • United Bank for Africa Plc
    • Unilever Nigeria Plc
    • Guinness Nig PLC
    • Julius Berger Nigeria Plc

     

     

     

    Designed using the market capitalization methodology, the indices are rebalanced on a semi-annual basis on the first business day in January and in July respectively.

     Jude Chiemeka (CEO, NGX) reiterates that the Exchange continues to blaze the trail on the path to becoming Africa’s foremost securities exchange with innovation and product development that deepen the market and boost liquidity, thus connecting Nigeria, Africa and the world.

     Abimbola Babalola (Head, Trading & Products) emphasized that NGX indices are developed, managed and rebalanced semi-annually to allow investors efficiently track market movements and properly manage investment portfolios.

    The compiler of the indices maintains the right to modify the circulated selection above in connection with any mergers, takeovers, suspension or resumption of trading or any other company structure changes during the period before the effective date of the annual review.

     

    Enquiries

    Clifford Akpolo

    Head | Group Communications and Partnerships

    Nigerian Exchange Group

    2-4 Customs Street | Lagos| Nigeria

    Email:  cakpolo@ngxgroup.com

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