A 1.54 NGN stock stole the spotlight on the Nigerian market this Tuesday, June 30, 2026: Prestige Assurance Company surged 10.0%, hitting the daily upper limit even as several listed insurers closed lower. The contrast mattered because the NGX all share index rose only 0.73% to 1,826.72, while market breadth stayed negative at 18 gainers, 31 losers and 7 unchanged.
Key figures
- Prestige Assurance: +10.0% at 1.54 NGN
- NGX ASI: +0.73% at 1,826.72
- Breadth: 18 gainers / 31 losers / 7 unchanged
- Airtel Africa: +10.0% at 4,794.6 NGN
- USD/NGN: 1,378.24, up 0.26%
Market context: index up, but the tape was less convincing
The headline move in NGX today looked constructive, but the underlying session was narrower than the index suggested. The market finished higher, yet more stocks fell than rose, a sign that gains were concentrated in a handful of names rather than spread across the board. Among the day’s winners, Airtel Africa also hit the daily ceiling with a jump to , while Cutix added to and Regency Alliance Insurance climbed to .