FirstBank encourages entrepreneurship & job generation by supporting Imo State Government's One Kindred One Business Initiative.

FirstBank, the top financial institution in West Africa and the leading provider of financial inclusion services, has declared its support for the Imo State Government on the One Kindred One Business Initiative (“KõBüge), a model of group-based entrepreneurship that encourages members to jointly own and manage businesses.

ÓKÓBÌ, a brainchild of the Imo State Governor, His Excellency, Governor Hope Uzodimma, is rooted in traditional African values of communalism, kinship, cooperation, and collective responsibility. In order to create resilient businesses that are simpler to finance and better positioned to combat poverty in both rural and urban regions, KaféBỹ formalizes groupings of like-minded individuals into registered businesses.

Since its founding in 2023, over 600 companies have enrolled with 20,000 members, and within three years, it hopes to create or support 100,000 employment.

Speaking on the sponsorship, Olusegun Alebiosu, the CEO of FirstBank Group, stated: “Peer accountability remains a powerful driver of sustainable enterprise growth. The ÓKÓBÌ initiative exemplifies this by transforming existing social capital into tangible economic value for communities. FirstBank is proud to support the Imo State Government in this forward-looking programme, which goes beyond traditional financing to embed financial inclusion directly within group-based enterprises.

“By supporting these collectively owned businesses, we are helping to stimulate economic empowerment at scale—creating a self-sustaining ecosystem where wealth creation is inclusive, participatory, and widely shared. This initiative aligns with our broader commitment to enabling small and medium enterprises, deepening financial inclusion, and driving long-term socio-economic development across Nigeria.”

Speaking about First Bank's sponsorship as well, Professor Kenneth Amaeshi, the Chief Economic Advisor to the Imo State Government, expressed gratitude to the bank for its support and said that, given the accomplishments in a short amount of time, "K."B.— has demonstrated the potential to address the issues of unemployment and informality throughout Nigeria. In order to generate sustainable employment, he also emphasized the necessity for other corporate organizations to embrace and encourage the establishment of resilient, group-based businesses that support long-term economic development, enable individuals to become entrepreneurs, and contribute to the creation of wealth. Additionally, he thanked the governor of Imo State for spearheading the project and for his ongoing assistance in guaranteeing its effective execution and expansion.

Acknowledged by the federal government as one of eight National Human Capital Development Accelerator Projects, business institutions and development partners looking for reputable, low-risk platforms for impact investment are taking notice.

FirstBank's commitment to the program is based on its sustainability pillar of financial inclusion and diversity, as well as its goal of promoting sustainable finance and empowering individuals in the areas in which it operates.

The Bank lowers credit risk, improves business survival through peer accountability, and increases access to financing for marginalized groups, especially women and young people, by funding group-owned enterprises.

Musk Turns to a Trusted South African Ally as SpaceX Enters a New Era

 

Fresh from orchestrating what many analysts describe as the largest initial public offering in Wall Street history, Elon Musk is once again looking to his roots for support.

As SpaceX embarks on its next chapter as a publicly traded company, the billionaire entrepreneur has reportedly reunited with a longtime South African associate—someone whose relationship with Musk stretches back to his formative business years. The move underscores the importance Musk places on trust, loyalty, and familiarity as he navigates the immense challenges of managing a company now valued at approximately $2.1 trillion.

For most corporations, an IPO marks the culmination of years of growth. For SpaceX, however, it represents the beginning of an even more demanding phase. The company must now balance its ambitious mission of revolutionizing space exploration with the expectations of public shareholders seeking transparency, profitability, and consistent performance.

The appointment of a trusted ally signals that Musk is determined to maintain tight oversight over an enterprise that has become one of the world's most valuable and strategically significant technology companies.

A Partnership Rooted in Shared History

Musk's tendency to surround himself with individuals from his earliest entrepreneurial ventures is well documented. Throughout his career, several key executives, engineers, and advisers have emerged from networks built during his years in South Africa, Canada, and Silicon Valley.

Such relationships often provide more than professional expertise. They offer institutional memory, shared experiences, and a deep understanding of Musk's unconventional leadership style—qualities that become increasingly valuable as organizations expand into global giants.

For SpaceX, which has evolved from a high-risk startup into a cornerstone of the global space industry, preserving its entrepreneurial culture while meeting the demands of public markets may be one of the company's greatest challenges.

Protecting a $2.1 Trillion Empire The stakes could hardly be higher.

SpaceX is no longer merely a rocket company. Through its launch services, satellite communications network, defense contracts, and deep-space ambitions, it has become a critical player in multiple industries. Its Starlink satellite network alone has transformed internet connectivity in remote and underserved regions around the world.

The company also occupies a strategic position in national security, telecommunications, commercial space transportation, and emerging space infrastructure.

As a publicly traded enterprise, every operational decision, investment strategy, and governance structure will face heightened scrutiny from investors, regulators, and competitors.

The addition of a trusted confidant may therefore be viewed as an effort to strengthen governance, preserve continuity, and ensure that SpaceX remains focused on its long-term objectives despite the pressures that often accompany public ownership.

The Public Market Challenge

History shows that many visionary companies struggle after going public. Quarterly earnings expectations can clash with long-term innovation goals, while shareholder demands may sometimes conflict with management's broader strategic vision.

Musk has frequently expressed skepticism about short-term market thinking. His leadership at Tesla demonstrated both the opportunities and challenges of managing a disruptive company under constant public scrutiny.

SpaceX now faces a similar test.

Investors will expect continued growth, profitability, and disciplined execution. At the same time, the company remains committed to expensive and ambitious projects, including advanced rocket systems, satellite expansion, and eventual missions beyond Earth. Balancing those priorities will require experienced leadership and unwavering strategic focus.

 A New Chapter Begins

The reunion between Musk and a trusted South African ally reflects more than nostalgia. It highlights a leadership philosophy that values trusted relationships during periods of significant transformation.

As SpaceX transitions from a privately controlled innovator to a public-market powerhouse, the company enters a defining period in its history. The decisions made over the coming years will shape not only its financial performance but also the future of commercial space exploration.

For Musk, whose career has been built on pursuing seemingly impossible goals, surrounding himself with trusted partners may prove just as important as technological breakthroughs. With a valuation measured in trillions and ambitions that extend to the stars, SpaceX's next journey may be its most challenging and consequential yet.

The move reflects a common pattern among visionary founders: when organizations reach unprecedented scale, trusted allies often become critical anchors. For Musk, the challenge is no longer building SpaceX, it is safeguarding and governing one of the most influential technology enterprises ever created.

Can Peace Last While Proxy Armies Remain? Why Long-Term Stability Requires More Than Diplomatic Signatures

 

When world leaders negotiate ceasefires, the immediate objective is simple: stop the shooting. But history has repeatedly shown that ending gunfire is not the same as securing peace.

The recent Trump-backed ceasefire efforts involving Iran have generated optimism in diplomatic circles. The agreement seeks to reduce tensions, reopen critical trade routes, and prevent a wider regional war. Yet one critical question remains: can there be lasting peace if the issue of Iranian-backed militia groups remains unresolved?

For Israel, the answer is often no.

Israeli leaders have long argued that groups such as Hezbollah represent a direct security threat. Hezbollah possesses a substantial missile arsenal and has engaged in repeated confrontations with Israel over the years. From the Israeli perspective, a ceasefire that leaves such organizations intact risks becoming merely a pause between conflicts rather than a genuine peace settlement.

This helps explain why some Israeli officials remain skeptical of ceasefire arrangements that focus primarily on state actors while paying less attention to non-state armed groups.

Supporters of a tougher approach argue that any comprehensive agreement with Iran should include stronger commitments regarding funding, training, and arming regional militias. Their reasoning is straightforward: if armed proxy networks remain active, the underlying sources of instability may persist regardless of what governments sign on paper.

Critics of the current framework point out that while recent agreements address issues such as regional tensions and economic restrictions, questions surrounding proxy groups remain only partially resolved. Some provisions reportedly call for restraint by Iran's regional allies, but opponents contend that restraint is not the same as disarmament or disengagement.

At the same time, others caution that the issue is more complicated than simply ordering militias to disband. Hezbollah is deeply embedded in Lebanon's political and social landscape, and any attempt to dismantle such organizations requires cooperation from local governments, regional actors, and international partners.

The challenge for diplomats is therefore balancing immediate peace with long-term security.

 

A ceasefire can stop today's fighting. A political settlement can reduce tomorrow's tensions. But lasting peace often requires addressing the structures that make conflict possible in the first place.

Whether one agrees with Israel's position or not, the concern it raises is a strategic one: if armed groups retain the ability to launch future attacks, can any ceasefire truly be considered permanent?

That question will likely remain at the center of Middle Eastern diplomacy long after the latest ceasefire negotiations have concluded. The success of any future agreement may ultimately depend not only on what Iran promises, but also on whether the region can establish a framework that reduces the role of armed proxies and strengthens the authority of sovereign states.

For the Middle East, the goal should not simply be a pause in conflict. The goal should be a peace that endures.

Starlink’s Rise and the Nigerian Telecom Dilemma: When Competition Plays by Different Economics

 

The telecommunications industry has long been one of Nigeria's greatest economic success stories. For more than two decades, local operators invested billions of dollars in towers, fibre networks, spectrum licenses, customer service infrastructure, and thousands of direct and indirect jobs. They helped connect millions of Nigerians, expanded digital inclusion, and became major contributors to government revenue through taxes, levies, and regulatory fees.

Today, however, the industry faces a new challenge one that is not arriving through traditional competition but through a fundamentally different business model.

Enter Starlink.

The satellite internet service, developed by SpaceX, is rapidly expanding across Africa and is now available in numerous countries on the continent. Its proposition is simple but disruptive: deliver high-speed internet directly from low-Earth orbit satellites, bypassing many of the infrastructure limitations that have historically constrained connectivity.

For consumers and businesses frustrated by network congestion, inconsistent broadband speeds, and service disruptions, the appeal is obvious. Starlink offers an alternative that does not depend on extensive terrestrial infrastructure and, in many cases, delivers faster and more reliable service.

Yet the emergence of satellite broadband raises difficult questions for incumbent telecommunications operators.

Traditional telecom companies operate under a heavy cost structure. They purchase expensive spectrum licenses, construct and maintain base stations, invest in fibre-optic networks, power thousands of sites with generators and alternative energy systems, and comply with multiple taxes, fees, and local regulatory requirements. These costs are significant and ongoing.

Starlink, while complying with licensing requirements and paying applicable taxes in markets where it operates, functions under a different economic model. Its infrastructure is largely space-based, allowing it to avoid many of the recurring costs associated with terrestrial network deployment. The result is a leaner operating structure that can target premium customers without carrying the same infrastructure burden.

This creates a growing concern for local operators.

Across Nigeria, telecom firms are already navigating rising energy costs, foreign exchange pressures, inflation, and growing capital expenditure requirements. Profit margins have come under increasing strain despite strong demand for data services. Many companies have resorted to debt financing to maintain network expansion and service quality.

If high-value corporate customers, technology firms, financial institutions, and affluent urban consumers increasingly migrate toward satellite-based alternatives, local operators may find themselves losing their most profitable customer segments while still bearing the enormous cost of maintaining nationwide infrastructure.

This phenomenon, often described as "cream skimming," occurs when new entrants capture the most lucrative parts of a market while established operators continue serving less profitable areas and carrying the bulk of infrastructure responsibilities.

The implications extend beyond corporate balance sheets.

Telecommunications networks are strategic national assets. They support banking systems, government services, education, healthcare, and digital commerce. If the financial sustainability of local telecom operators weakens significantly, investment in network expansion and maintenance could slow, potentially affecting long-term digital development.

This does not mean innovation should be resisted. Competition is healthy. Consumers benefit when companies are forced to improve services, lower costs, and adopt new technologies. Starlink's presence may ultimately push local operators to innovate faster and improve customer experiences.

The challenge for policymakers is ensuring that competition remains fair and sustainable.

Regulators must strike a careful balance between encouraging technological innovation and maintaining a level playing field. The objective should not be to protect incumbents from competition, but to ensure that market participants contributing significantly to national infrastructure are not placed at a structural disadvantage.

Nigeria's digital future will likely involve both terrestrial and satellite networks working side by side. Fibre, mobile broadband, and satellite internet each have unique strengths and will play important roles in expanding connectivity.

The question is not whether Starlink should compete. The question is whether the economic and regulatory framework can evolve quickly enough to ensure that all players compete on terms that promote long-term investment, innovation, and sustainable growth.

 

As satellite broadband gains momentum across Africa, Nigeria faces a defining policy challenge: how to embrace technological disruption without undermining the industries that built the country's digital foundation in the first place.

This debate is ultimately about more than internet access. It is about the future structure of Nigeria's digital economy, the sustainability of infrastructure investment, and whether emerging technologies can coexist with traditional operators in a way that benefits both consumers and the broader economy.

 

NIGERIA'S STOCK PRICE SUMMARY MAY 15 - 26TH JUNE

 

 

NIGERIA'S STOCK PRICE SUMMARY MAY 15 - 26TH JUNE 2026

3.80

STOCK	TICKER	MAY 15 ENDED PRICE	MAY 22 ENDED PRICE(N)	MAY 29 ENDED PRICE	JUNE 5	June 12	June 19	June 26
Abbey Building Society	ABBEYBDS	7.30	7.05	6.35	9.35	11.40	11.40	8.05
Access Holding	ACCESSCORP	25.75	24.95	24.05	25.00	26.00	22.80	22.95
Aiico Insurance Plc	AIICO		4.64	4.50	4.48	4.61	4.02	4.02
Academy Press ..	ACADEMY	7.05	9.15	9.15	8.25	7.45	8.10	6.7
African Prudential Plc	AFRICAN PRUDENTIAL		13.95	13.35	12.95	12.95
Airtel Africa	AIRTELAFRI			3,655.7				4,358.80
Aluminium Extrusion...	ALEX	9.00	9.90	9.90	9.90	9.90	9.90	9.90
Aradel Holdings	ARADEL	1,834.00	1,836.00	1,933.80	1,749.90	1,770.00	1,750.00	1.417.50
Associated Bus Com...	ABCTRANS	6.27	9.08	8.25	6.21	7.80	7.80	7.80
Austin Laz & Company plc	AUSTINLAZ			3.96	3.76	4.33	3.90	3.52
AVA Infrastructure Fund	AVAIF						1,000,000	1,000,000
Axamansard Insurance Plc	MANSARD		13.65	13.50		12.60	12.85	12.10
African Alliance Insurance	Afrinsure				0.20		0.20	0.20
African Prudential Registras	AfriPRUD					12		12
AfroMedia Plc	AfrOMEDIA							0.24
BUA Cement	BUACEMENT	435.00	420.00	420.00	378.00	378.00	378.00	340.20
BUA Foods	BUAFOODS	967.00	967.00	967.00	939.00	939.00	939.00	939.00
Berger Paints	BERGER	168.60	147.95	147.60	147.60	147.60	147.60	147.60
BETA Glass	BETA GLASS		570	570	562.80	562.80	562.80	562.80
Cadbury Nigerian Plc	CADBURY		69.00	69.00	69.00	69.00	62.10	62.10
CAP Plc	CAP			179.10	175.10	175.10	175.10	175.10
CHAMS	CHAMS	4.00	3.95	4.01	4.00	4.05	4.01	4.02
Caverton Offshore Support Group	CAVERTON		6.75	6.45	6.20	6.20	5.70	5.15
C & I Leasing PLC	CILeasing		6.60	6.10	6.15	6.65	6.00
Champion Brew	CHAMPIO	14.55	13.85	13.05	13.00	13.10	13.20	13.70
Computer Warehouse Gro..	CWG	24.800	23.000	24.000	22.00	21.50	20.65
CONOIL PLC	CONOIL			194.0	194.0	194.0	210.00	210.00
Coronation Infastructure Fund	CNIF		110.00	110.00				110.00
Chemical And Allied...	CAP	233.70	199.00	179.10	175.1	175.10
Corner Stone Insurance co.	CORNERSTONE		5.85	5.90	5.80	5.45	6.05	5.08
Consolidated Hallmark Holdings	CONHALL PLC		5.85	6.25	6.70	8.25	7.14	6.00
Curtix plc	CURTIX		3.19	3.10	3.18	3.04	2.98	2.68
Custodian & Allied Plc	CUSTODIAN			83.00	83.00	81.25	81.25	73.15
Dangote Sugar Refineries	DANGSUG	91.00	87.00	71.15	72.00	78.20	74.00.	68.00
Dangote Cement	DANGCEM	1,180.00	1,180.00	1,180.00	1,180.00	1,270.00	1,070.00	963.00
Daar Communications PLC	DAARCOM	2.25	2.09	1.95	1.98	1.90	1.81	1.53
Deap Capital Management & Trust	DEAPCAP			5.68	5.40	5.35	4.89	3.75
Ecobank Transnational Inc	ETI						95.2	95.2
Ekocorp plc	EKOCORP						5.80	5.80
Ella Lakes	ELLAHLA	10.95	10.05	10.05	10.00	10.00	8.75	8.35
ETERNA Plc	ETERNA		34.35	34.45	30.00	30.80	30.80	27.75
Eunisell Interlink plc	EUNISELL		209.95	209.95	210.00	210.00	210.00	210.00
Nigerian Enamel Ware Company	ENAMELWARE	37.00	37.95	37.00	37.00	40.70	40.70	40.70
E-Tranzact International PLC	E-TRANZACT		17.10	18.00	18.00	16.55	16.35	14.75
First HoldCo	FIRSTHOLD	70.00	70.00	70.00	62.00	70.00	55.00	60.50
FCMB Group PLC	FCMB		11.55	11.70	11.20	11.90	10.90	9.95
FTN Cocoa Process...	FTNCOCO	8.90	9.90	8.95	8.30	9.41	7.92	7.70
Fortis Global Insurance Plc	FTGINSURE		1.08	1.00	1.00	0.97	0.99	0.99
Fidelity Bank Plc	FIDELTYBK	42.12	42.12	21.20	20.70	20.00	18.00	18.20
Fidson	FIDSON	136.50	136.50	136.50	136.50	101.20	101.20	101.20
GEREGU Power Plc	GEREGU		1,132.00	1,132.50	1,132.50	1,132.50	1,019.30	917.40
Golden Guinea Brew. Plc	GUINEA			7.10	7.10		7.10	7.10
Guaranty Trust Holdings	GTCO	146.80	145.00	137.00	134.70	136.00	115.55	127.90
Guinness Nigeria Plc	GUINNES	402.60	402.60	402.60	402.60	365.50		365.50
Guinea Insurance Plc	GUINEAINS						1.00	1.03
Haldane McCall	HMCALL		3.60	3.84	3.60	3.92	3.92	3.92
Honey Well Flour Mills	HONEYWELL		18.15	18.20	18.35	16.85	16.70	15.85
Initiate Plc	TIP	32.30	33.80	28.40		33.45
Industrial & Medical Gases	IMG	42.30	38.10	38.10	37.60	37.60	34.10	34.10
IKEJA Hotel Plc	IKEJA		38.00	40.20	44.00	43.15	44.60	43.20
Infinity Trust Mortgage Bank	INFINITY		9.35	9.35	9.35	11.25		11.25
International Breweries Plc	INTBREW			12.65	12.35	12.10	10.80	10.45
International Energy Insurance	INTENEG	2.79	3.41	4.52	7.26	7.11	5.06	5.79
Jaiz Bank	JAIZBANK	9.00	8.97	9.10	9.00	9.10
John Holt Plc	JOHN HOLT		18.80	16.95	14.90	13.60	11.20	11.20
Japaul Gold Ventures	JAPAULGOLD	3.34	3.82	3.75	3.45	3.50	3.25	2.90
Juli Plc	JULI		7.25	7.25	7.25	7.25
Julius Berger	JBERGER	315.00	315.00	315.00	310.80	310.80	310.80	310.80
Lafarge Africa	WAPCO	337.00	342.00	342.00		330.00	315.10	317.40
Lasaco Assurance Plc	LASACO			2.08	2.05	1.96	1.90	1.86
Learn Africa Plc	LEARNAFRCA	10.85	12.90	12.75	11.50	11.00	11.00	10.00
Legend Internet Plc	Legend		6.12	6.06	6.10	5.80	5.50	5.50
Livestock Feeds	LFL	9.80	8.90	9.35	8.90	9.35	8.65	7.80
Living Trust Mortgage Bank	LIVINGTRUST		4.07	4.01	3.96	3.97
Linkage Trust Assurance Plc	LINKAGE		1.73	1.78	1.71	1.82	1.64	1.57
MTN Nigeria	MTN	820.00	820.00	820.00	775.00	800.00	800.00	830.00
Maybaker	MAYBAKER	47.30	50.00	46.70	47.00	43.00	40.00	40.00
Morison Industrial PLC	MORISON		10.62	10.62	10.62	10.60	10.60
Mutual Benefit Assurance	MBENEFI	4.30	4.70	4.39	4.30	4.09	3.70	3.40
Mecure Industries PLC	MECURE	94.90	94.90	94.90	94.90	94.90
Mc Nichols plc	MCNICHOLS		8.00	8.70	7.75	7.50
Meyer Plc	MEYER		20.60	20.60	20.60	20.60	20.60	20.60
Multiverse Plc	MULTIVERSE			25.65	25.65	25.50	25.50	25.50
National salt co. Nig. ltd	NASCON	220.00	210.00	220.00	219.50	219.50	219.50	219.50
N.E.M Insurance corp	NEM	30.00	30.00	32.90	30.00	34.00	29.00	29.00
NEIMETH International Pharmaceutical	NEIMETH		10.30	10.20	10.60	8.55	8.95	8.25
Nigerian Exchange	NGXGROUP		149.50	149.50	137.10	137.40	122.80	120.00
Nigerian Breweries	NB	86.95	86.00	83.60	80.00	80.00	79.00	72.50
Nigerian Real Estate Investment Trust	Nreit						103.00	103.00
Nestle Nigeria	NESTLE	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00
Nigerian aviation handling ..hco	NAHCO	205.00	201.900	189.50	189.50	179.50
Nothern Nigerian Flour Mills	N.NIGERIAN FLOUR		79.40	79.40	79.40	79.40	79.40	79.40
NPF Microfinance Bank	NPFMCRF	5.76	5.76	5.74	5.45	5.45	4.90	5.00
NCR (Nigeria) PLC	NCR	179.00	161.20	161.20	161.20	161.20	161.20	161.20
Oando	OANDO		52.50	51.00	48.00	56.75	46.00	40.40
Okomu Oil Palm	OKOMUOI		1,750.00	1,750.00	1,750.00	1,575.00	1,418.00	1,418.00
Omatek Ventures Plc	OMATEK		1.90	1.99	2.08	2.00	1.97	1.96
Premier Paints plc	PREMIER PAINTS	37.50		33.75	33.75	33.75	33.75	30.40
Presco PLC	PRESCO	2,300.00	2,300.00	2,300.00	2,300.00	2,300.00	2,300.00	2,300.00
Prestige Assurance..	PRESTIGE	1.50	1.55	1.56	1.48	1.45	1.41	1.45
PZ Cussons Nigeria	PZ		102.00	98.00	94.95	94.95	94.95	94.95
Redstarex	REDSTAR	31.90	34.95	34.00	30.65	30.65	27.60	24.55
Regency Alliance Insurance	REDSTAR			1.01	1.01	1.02	0.97	0.79
RT Briscoe			14.06	13.65	14.86	13.55	13.10	11.80
Royal Exchange			1.48	1.50	1.55	1.50	1.53	1.31
Sterling Financial	STERLINGNG		7.90	7.90	7.95	7.90		7.75
SCOA Plc	SCOA	33.05	33.05	33.05	33.05	33.05	33.05	33.05
Secure Electronic Technology	SET	0.87	0.88	0.86	0.87		0.81
Seplat Petroleum	SEPLAT		11,486.20	11,486.20	11,363.90		11,363.90	11,363.90>
Sky Way Aviation Handling CO	SKYAVN		156.95	156.95	155.80	155.80	155.70	171.20
STANBIC IBTC Holdings..	IBTC	163.00	174.50	169.35	164.10	165.00	163.00	163.00
Soveriegn Trust Insurance plc	SOVERIEGN TRUST		2.28	2.75	2.50	2.51	2.16	1.96
SFS Real Estate Investment Trust	SFSREIT		418.17	418.80	418.80	418.80
Sunnu Assurance Ltd	SUNNU		4.52	4.44	4.48	3.97	3.61	3.60
STANDARD TRUST ASSURANCE PLC	STACOL					0.48
STERLING Financials Holding	STERLING FINANCIAL		7.90	7.90	7.95	7.90	7.75
Transnational Corperation of Nigeria	TRANSCORP		47.75	46.00	45.90	45.00	44.00	41.50
Trans Nationwide Express	TRANS EXPRESS		5.72	5.28	4.90	4.70	3.28
Transcorp Hotels plc	TRANSCOHOT			223.30	223.30	223.00	223.30	223.30
Transcorp Power Plc	TRANSCOP POWER		272.00	245.50	245.50	245.50	245.50	245.50
Tantalizer	TANTALIZER	4.38	4.13	4.89	4.65	4.70	4.40	4.15
Total Energies Marketing Nigeria plc	TOTAL		640.00	640.00	640.00	640.00	640.00	640.00
Tripple Gee and Company Ltd	TRIPPLE GEE		3.96	3.98	4.37	4.00	3.36	3.69
UBA	UBA		45.00	44.50	43.60	43.00	39.50	39.85
UH Investment Trust	UHOMREIT		84.70	84.70	84.70	70.00
United Capital	UCAP		18.50	18.65	18.65	18.10		17.45
Unilever Nigeria	UNILEVE		168.00	156.00	156.00	140.00	140.00	140.00
Union Dicon Salt PLC	UNION DICON		21.70	23.75	23.75	23.75	23.75	23.75
United Capital Plc	UNITED CAPITAL		18.50	18.65	18.65	18.10	18.00
UAC Of Nigeria	UACN		189.95	183.00	180.70	182.00	185.00	185.00
University Press Plc	UPL		6.40	6.15	5.10	5.50	5.45	5.70
Universal Insurance Plc	UNIVERSAL		1.08	1.12	1.11	1.07	1.03	1.01
Unity Bank plc	UNITYBNK			1.51	1.51	1.51	1.51	1.51
UPDC Real Estate Investment Trust	UPDC	10.70	10.15		10.10	3.90	3.25
Veritas Kapital Insurance PLC	VERITAS		1.67	1.65	1.64	1.58	1.49	1.45
VFD Group PLC	VFDGROUP		9.95	10.80	10.35	10.80	10.50	10.50
Vitafoam Nig	VITAFOAM		194.00	194.00	194.0	210.00	189.00	189.00
WAPIC Insurance	WAPIC							27.00
Wema Bank	WEMABANK		33.40	33.50	30.00	31.00	30.00	27.00
Zenith Bank	ZENITHB		132.00	131.10	128.00	130.00	110.00	114.95
Zichis Agro Allied	ZICHIS	29.43	33.65	33.00	32.38	31.00