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Watch Nigeria > Blog > Business & Economy > Monetary companies sector drives commerce as buyers stake N130.6bn
Business & Economy

Monetary companies sector drives commerce as buyers stake N130.6bn

Last updated: January 17, 2026 7:24 am
Terfa Ukende
5 hours ago
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Monetary companies sector drives commerce as buyers stake N130.6bn
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Exercise on the Nigerian Trade Restricted strengthened within the week ended January 16, 2026, as buyers traded a complete of 4.607 billion shares valued at ₦130.636 billion in 263,439 offers, marking a notable improve from the 4.164 billion shares price ₦94.026 billion exchanged in 248,254 offers the earlier week.

Buying and selling was largely pushed by the Monetary Companies sector, which dominated market exercise by quantity, accounting for 3.126 billion shares valued at ₦47.225 billion in 94,186 offers. This represented 67.84% of complete market quantity and 36.15% of complete market worth.

The Companies sector adopted with 353.436 million shares price ₦5.096 billion in 17,764 offers, whereas the ICT sector ranked third, recording 277.263 million shares valued at ₦18.009 billion in 28,525 offers.

Essentially the most actively traded equities by quantity had been Sovereign Belief Insurance coverage Plc, Entry Holdings Plc, and Linkage Assurance Plc, which collectively accounted for 1.406 billion shares valued at ₦9.735 billion in 11,732 offers, contributing 30.52% of complete turnover quantity and seven.45% of complete turnover worth.

Each day buying and selling knowledge confirmed sustained participation all through the week. On January 12, buyers traded 1,149,318,529 shares price ₦19.21 billion in 59,326 offers, adopted by 1,131,139,101 shares valued at ₦33.54 billion on January 13.

Exercise moderated on January 14 with 752,417,205 shares price ₦29.62 billion, earlier than rising once more on January 15 to 1,034,688,368 shares valued at ₦31.58 billion. The week closed with 539,840,196 shares traded for ₦16.69 billion on January 16.

Buying and selling in Trade Traded Merchandise additionally improved, with buyers transacting 1.189 million models valued at ₦191.945 million in 1,927 offers, in contrast with 604,668 models price ₦138.521 million in 1,480 offers the earlier week.

Essentially the most actively traded ETPs included STANBICETF30, which recorded 44,449 models valued at ₦71.507 million, and VETGRIF30, which traded 543,638 models price ₦37.684 million.

The bond market additionally recorded increased exercise, with 104,111 models valued at ₦111.736 million traded in 27 offers, up from 93,349 models price ₦94.735 million in 24 offers within the previous week. Essentially the most traded bond was FGSUK2033S6, which accounted for 40,700 models valued at ₦45.285 million.

Market efficiency indicators closed the week on a optimistic be aware, with the NGX All-Share Index rising by 2.36% to 166,129.50 factors, whereas complete market capitalisation appreciated by 2.48% to ₦106.354 trillion.

Most sectoral indices ended increased, with notable good points within the NGX Oil and Gasoline Index, which rose by 5.71%, and the NGX Premium Index, which gained 4.13%. The one index that closed in adverse territory was the NGX AFR Dividend Yield Index, which declined by 0.15%.

Investor sentiment remained largely optimistic, as 80 equities recorded value appreciation, barely decrease than 84 equities within the earlier week. Seventeen equities declined, in contrast with 22 beforehand, whereas 50 equities closed unchanged, up from 42 within the prior week.

Among the many high gainers, NCR (Nigeria) Plc led the chart, rising from ₦79.95 to ₦128.55, representing a achieve of ₦48.60 or 60.79%. SCOA Nigeria Plc adopted with a 59.36% improve, whereas DEAP Capital Administration & Belief Plc, Jaiz Financial institution Plc, and Omatek Ventures Plc recorded good points of 48.67%, 45.73%, and 38.28%, respectively.

On the shedding facet, Ikeja Lodge Plc declined by 12.38%, adopted by Austin Laz & Firm Plc with a 9.20% drop, and Eterna Plc, which fell by 7.71%.

Company actions additionally featured prominently throughout the week. United Financial institution for Africa Plc listed a further 3,156,869,665 peculiar shares of fifty kobo every on January 12, 2026, arising from its rights difficulty at ₦50.00 per share, bringing the financial institution’s complete issued shares to 44,196,175,307.

Eterna Plc commenced buying and selling in its rights difficulty of 978,108,485 peculiar shares at ₦22.00 per share on January 12, whereas Morison Industries Plc listed 266,838,125 peculiar shares at ₦1.50 per share following a non-public placement.

In regulatory actions, buying and selling within the shares of Premier Paints Plc resumed on January 14, 2026, after the corporate filed all excellent monetary statements, resulting in the lifting of its suspension. Conversely, the securities of ASO Financial savings and Loans Plc had been delisted from the NGX efficient January 16, 2026, following the revocation of the corporate’s working licence by the Central Financial institution of Nigeria on December 16, 2025.

General, the week mirrored renewed investor confidence, broad market participation, and improved liquidity, because the Nigerian inventory market sustained its upward momentum amid elevated buying and selling exercise and optimistic value actions.



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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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