Latest / Green Ticker Tales / Tony Elumelu is retiring from UBA's board Greenticker NGX Daily Market Summary July 6, 2026
Transcript
- 0:00Good evening, here are the key points from today's training session. The whole share index gained 2.15%. The index measures the average performance of stocks. 538.6 million shares valued at 38.7 billion were traded in the bit over 64,000 deals. At the top gainers were First Holdco and Weimar Bank, both appreciating by 10%. First Holdco closing at 69.5 couple, Weimar Bank closing at 29.7 couple a share. On the losing side of things,
- 0:29top losers were Vitaform and Nako. Vitaform and Nako both stocks fell by 10%. Vitaform closing at 170 Naira, 10 Kobo and Nako closing at 133 Naira and 65 Kobo. So let's go to the NGS corporate disclosure portal. Let's see if there's anything major or beyond what has been shared already. Let's see if there's anything additional we need to know. I think the most important announcement
- 0:57um is one sent in by uba that's effective uh from the 21st of august 2026 tony lumelu will be retiring from the board and his retirement is upon the completion of the maximum 12-year tenure prescribed for non-executive directors of banks by the cba and the incoming the incoming chairman will be emmanuel n norm
- 1:23i've uh from if i member of the transco family he has family enn those are his acronyms so enn is the incoming chairman of uba that is the biggest corporate disclosure sent in uh so far i use the term so far because the corporate disclosure portal runs 247 365 days a year so let's go back to the numbers what do we have uh top uh most active trader stocks by volume where zenith and chichiko
- 1:51Zenith put position 89.4 million shares traded. Jitiko was next with 42.4 million shares traded. On the value side of things, Zenith also took put position with 9.76 billion Naira worth of shares traded. At this time, second was MTN Nigeria with 5.8 billion Naira worth of shares traded. As you ladies and gentlemen, these are the key points of the day's rain session. About between now and 7 p.m. when the video version goes out, if anything major comes up,
- 2:20uh we would cover it in the video side of things i thank you for listening have yourselves a lovely rest of the day ahead