Valmon Securities

NGX TRADING SUMMARY FOR FRIDAY, 16TH JANUARY, 2026

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 539.88Million shares were traded in 48,023deals, with a market value of N16.717billion. This represents a 48% decrease in volume, a 47% decrease in value, and a 6% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN106.354trillion, while the All-Share Index (ASI) closed at 166,129.50 basis points, reflecting an increase of 72.21basis points (0.04%) but a YTD increase of 48.99% from the previous day’s 166,057.29basis points.
In total,  130 NGX listed equities participated in trading, ending with 43 gainers and 26 losers. Red Star Express led the gainers with 10% share price appreciation closing at NGN 13.20 per share, followed by NCR Nigeria (+9.97%), SCOA Nigeria (+9.96%) and Omatek Ventures (+9.94%). On the losing side, McNichols came out last with an end-of-day price depreciation of 8.81% at NGN 6.00 per share, followed by Legend Internet (-7.56%), Cornerstone Insurance Company (-6.48%) and C&I Leasing (-6.29%). Zenith Bank recorded the highest volume of 54.5 million traded shares, followed by Jaiz Bank (41.5m), Secure Electronic Technology (37.7m) and Access Holdings (30.5m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

REDSTAREX

N12.00

N13.20

1.20

10.00%

NCR

N116.90

N128.55

11.65

9.97%

SCOA

N13.55

N14.90

1.35

9.96%

OMATEK

N1.61

N1.77

0.16

9.94%

DEAPCAP

N4.06

N4.46

0.40

9.85%

DECLINERS

Symbols

Last Close

Current

Change

%Change

MCNICHOLS

N6.58

N6.00

-0.58

-8.81%

LEGENDINT

N5.95

N5.50

-0.45

-7.56%

LOTUSHAL15

N110.00

N102.00

-8.00

-7.27%

CORNERST

N6.79

N6.35

-0.44

-6.48%

CILEASING

N8.75

N8.20

-0.55

-6.29%

NIGERIAN ECONOMIC INDICATORS

Indicator

Rate

Inflation Rate

14.45% (November 2025)

Exchange Rate (NGN/USD)

N 1,418.01 (16/01/2026)

MPR

27.% (November 2025)

Foreign Reserves (Gross)

$46.7 billion (November 2025)

Crude Oil Price (Bonny Light) – US$/Barrel

$63.74 (December/2025)

GDP Q2 2025

3.96%

(Source: CBN, unless otherwise stated)

COMPANY DISCLOSURES

Here is a summarized table of the disclosures:

Company

Disclosures

Date Submitted

GEREGU POWER PLC

GEREGU POWER PLC-BOARD MEETING OUTCOME

January 16th 2026

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

January 16th 2026

MAY AND BAKER

MAY AND BAKER- NOTICES OF BOARD MEETING (BM) – NOTICE

January 16th 2026

TRANS-NATIONWIDE EXPRESS PLC.

TRANS-NATIONWIDE EXPRESS PLC.-ANNOUNCEMENT OF CLOSED PERIOD FOR 2025 AUDITED RESULTS

January 16th 2026

FIDSON HEALTHCARE PLC

FIDSON HEALTHCARE PLC-NOTICE OF CLOSED PERIOD

January 16th 2026

AUSTIN LAZ AND COMPANY PLC

AUSTIN LAZ AND COMPANY PLC DIRECTORSDEALINGS

January 15th 2026

NEIMETH INTERNATIONAL PHARMACEUTICALS PLC

NEIMETH INTERNATIONAL PHARMACEUTICALS PLC- NOTICES OF BOARD MEETING (BM) – NOTICE

January 15th 2026

MUTUAL BENEFITS ASSURANCE PLC.

MUTUAL BENEFITS ASSURANCE PLC.- NOTICES OF BOARD MEETING (BM) – NOTICE

January 15th 2026

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

January 15th 2026

NIGERIA INFRASTRUCTURE DEBT FUND

NIGERIA INFRASTRUCTURE DEBT FUND- YEAR END – FINANCIAL STATEMENT FOR 2025

January 15th 2026

NEWGOLD EXCHANGE TRADED FUND (ETF)

NEWGOLD ISSUER QUARTERLY UNAUDITED FINANCIALS USD DECEMBER 2025

January 15th 2026

GEREGU POWER PLC

GEREGU POWER PLC- NOTICES OF BOARD MEETING (BM) – NOTICE

January 15th 2026

MUTUAL BENEFITS ASSURANCE PLC.

MUTUAL BENEFITS ASSURANCE PLC. DIRECTORSDEALINGS

January 15th 2026

 

Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)

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