Seplat Breaks N10,000 Barrier as Elumelu-Backed Stake Fuels Historic NGX Rally

Nigerian Exchange — TRANSCORP slips to 47.1 NGN as valuation stays cheap at 5.6x P/E

TRANSCORP fell 5.4% over five sessions and 1.9% on Friday to 47.1 NGN, landing among the NGX’s worst performers. The stock still trades on a modest 5.6x P/E with a 3.40% yield, but momentum remains weak in a highly selective market.

Nigerian Exchange — NGX ASI Slips 1.21% Despite Three 10% Winners and NGN 8.2bn MTNN Turnover

The NGX ASI fell 1.21% in the week to April 24, 2026, even as UPDC, Academy Press and Haldane McCall each gained 10%. Trading stayed concentrated in MTNN, Lafarge Africa and Dangote Cement as heavyweight weakness and a still-soft naira capped the broader market.

Market Bulletin Coleman Technical Industries Plc's Series 5 and 6 CP