Fitch Affirms Stanbic IBTC Holdings at ‘AAA (nga)’, Outlook Stable

Nigerian Exchange — Banks Trade NGN 8.99bn, VFD Group Jumps 5.3% as Heavyweights Slip

The NGX ASI rose 0.55% to 1,703.61 on Thursday, with market breadth nearly even at 32 gainers versus 31 losers. Banks dominated turnover with NGN 8.99 billion across five names, while VFD Group climbed 5.3% on more than NGN 1.15 billion in traded value.

Nigerian Exchange — NGX ASI Drops 1.87% as Insurance Stocks Flood Market With Filings

The NGX ASI fell 1.87% on Tuesday, May 12, 2026, but market breadth stayed positive at 42 advancers versus 31 decliners. Insurance stood out as the busiest corporate story, led by Regency Alliance Insurance’s proposed rights issue.

Nigerian Exchange — NGX ASI Rises 0.85% as Insurance Names Stir Despite Cement Selloff

The NGX ASI rose 0.85% on May 7, 2026, with 40 gainers against 29 losers. Insurance stocks drew attention after multiple announcements, while losses in Dangote Cement and BUA Cement capped the broader advance.