Latest / Green Ticker Tales / Greenticker NGX Daily Market Summary April 16, 2026
Transcript
- 0:00good evening ladies and gentlemen here are the key points from today's trading session on the ngx the ocean index gained 1.23 percent to close at an all-time high of 211 901 basis points that index measures average performance of stocks on the exchange you had 584.7 million shares valued at 34.6 billion i traded in a bit over uh 45 400 deals
- 0:28uba was the most actively traded stock by volume with 45.8 million shares traded and then he had aradale as the most actively traded stock by value with 5.5 billion naira watts of shares traded uh on the getting side of things uh trans express and guinea insurance both gained 10 trans express closing at 5 naira 50 cover up by 50 couple and then guinea insurance closing at 121 cover up 11 couple on the losing side of things
- 0:57The Kedah Hotel fell by 9.73% to close at 33 naira 40 kubo, down by 3 naira 60 kubo. And then you had Wapik Insurance. You can also call it Coronation. Wapik fell by 8.77% to close at 2 naira 60 kubo, down 25 kubo. In other news, MTN Nigeria has temporarily suspended its extra time service. So extra time, MTN extra time is a airtime and data credit advance.
- 1:26service so why have they done so now there are some rules that have kicked in at the digital electronic and online regulations for 2025 meaning that there's a new compliance and licensing framework but in any case in the interim customers have access to alternative channels and the firm says in the notice sent to the ngx that given the revenue mix management does not expect the temporary suspension
- 1:56to have a material impact but just in case just in case uh they said management also says that look we are going to provide uh i will provide an update and i'm sure during the q1 earnings call uh they will provide an update on any quantified impact uh so we should get the q1 numbers i'm sure towards the ending of the month and people would have opportunities to ask questions around at this point it's not a material thing at the chunk of revenue made by mt and nigeria's from data
- 2:26and voice uh so i'm refreshing the page as well what else do we need to see oh ando mando um sent in the press release uh so apparently the joint venture with the nnpc uh has enabled the delivery of uh is the so the soap supply of gas to an ipp project the yenegwa by essa state and that was the ipp project commissioned by the president uh a few days ago
- 2:54That's pretty much what we have so far, ladies and gentlemen. Thank you for listening and see you in tomorrow's pre-market podcast.