MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 744.80million shares were traded in 11,226 deals, with a market value of N18.284billion. This represents a 110% increase in volume, a 154% increase in value, and a 18% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 66.16trillion, while the All-Share Index (ASI) closed at 105,283.67basis points, reflecting an increase of 544.06basis points (0.52%) but a YTD increase of 2.31% from the previous day’s 104,739.61basis points.
A total of 127 NGX-listed equities participated in trading, resulting in 33 gainers and 19 losers. Associated Bus Company topped the gainers’ list with a 9.86% increase in share price, closing at NGN 1.56 per share, followed by Learn Africa (+9.54%), Regency Alliance Insurance (+9.43%), and Africa Prudential (+8.63%). On the losing side, VFD Group experienced the steepest decline, dropping 82.19% to close at NGN 17.10 per share, trailed by Tripple Gee & Co. (-10%), MRS Oil Nigeria (-9.95%), and Abbey Mortgage Bank (-9.94%). Fidelity Bank recorded the highest trading volume with 389 million shares traded, followed by Guaranty Trust Holding (47 million), Universal Insurance Company (41.9 million), and Access Holdings (30.5 million).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 1.42 | N 1.56 | 0.14 | 9.86 % | |
N 15.60 | N 17.10 | 1.50 | 9.62 % | |
N 3.25 | N 3.56 | 0.31 | 9.54 % | |
N 0.53 | N 0.58 | 0.05 | 9.43 % | |
N 13.90 | N 15.10 | 1.20 | 8.63 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (March 2025) |
Exchange Rate (NGN/USD) | N 1,608.15 (23/04/2025) |
MPR | 27.50% (March 2025) |
Foreign Reserves (Gross) | $38.5 billion (March 2025) |
Crude Oil Price (Bonny Light) – US$/Barrel | $ $76.13 (22/04/2025) |
GDP Q1 2025 | 3.60% |
(Source: CBN, unless otherwise stated)
COMPANY DISCLOSURES
Here is a summarized table of the disclosures:
Company | Disclosures | Date Submitted |
ACCESS HOLDINGS PLC- QUARTER 5 – FINANCIAL STATEMENT FOR 2024 | April 23rd 2025 | |
April 23rd 2025 | ||
UNITED BANK FOR AFRICA PLC- QUARTER 1 – FINANCIAL STATEMENT FOR 2025 | April 23rd 2025 | |
GUINEA INSURANCE PLC.- QUARTER 1 – FINANCIAL STATEMENT FOR 2025 | April 23rd 2025 | |
VFD GROUP PLC-VFD GROUP-Q4 – 2024 AFS EARNINGS PRESS RELEASE | April 23rd 2025 | |
April 23rd 2025 | ||
April 23rd 2025 | ||
April 23rd 2025 | ||
ACCESS HOLDINGS PLC- NOTICES OF ANNUAL GENERAL MEETING (AGM) – | April 23rd 2025 | |
LASACO ASSURANCE PLC.- NOTICES OF BOARD MEETING (BM) – NOTICE | April 23rd 2025 | |
JAPAUL GOLD AND VENTURES PLC- QUARTER 5 – FINANCIAL STATEMENT FOR 2024 | April 23rd 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)