UBA closed at 53.2 NGN on Wednesday, April 22, 2026, up 6.0% on the day and 15.7% over the last five sessions, even as the NGX ASI slipped 0.59% to 1,656.65. That divergence is the key signal from the Lagos stock market today: UBA outperformed the broader market, outpaced several financial peers, and did so with enough turnover to rank among the session’s most actively traded names.
Key figures
- 53.2 NGN: UBA closing price on April 22, 2026
- +15.7%: five-day move from 46.0 NGN to 53.2 NGN
- 2.4x: price-to-earnings ratio
- 5.64%: dividend yield
- 1,656.65: NGX ASI level, down 0.59%
Market context: UBA rises while the NGX today turns lower
The Nigerian stock exchange today delivered a mixed tape. Market breadth showed 31 gainers, 28 losers and 87 unchanged out of 146 stocks, which means the market was not broadly weak in participation terms, even though the benchmark index still closed in the red. That usually points to selective profit-taking in heavier names while momentum remains alive in specific sectors.