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Investors’ Sentiment Boosts Trading On NSE

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The improved inves
tors’ sentiment on the floor of the Nigerian Stock Exchange (NSE) resulting to the market ending in the green last week surged the twin market indicators, the All Share Index (ASI) and the aggregate market capitalization of listed equities surged by 1.24 per cent each.
Specifically, the ASI closed the week at 37,382.49 basis points from an index-on-board of 36,926.29 basis points even as the market capitalisation of listed equities increased from the week’s opening value of N11.694 trillion to N11.839 trillion.
The NSE 30 index which tracks the most capitalised stocks on the Nigerian bourse appreciated by 1.05 per cent to finish at 1,758.73 points.
Also four of the NSE indices were in the green during the review week as the NSE Consumer Goods rose by 0.75 per cent, NSE Banking 1.34 per cent, NSE Insurance 0.37 percent and the NSE Industrial goods 3.34 per cent.
However, the NSE Oil/Gas, NSE-Lotus I and the NSE-ASeM nose dived by 0.14 per cent, 0.02 percent and 0.57 per cent, respectively.
A closer look at the market revealed it rebounded last week as the bulls took charge of the market for three days running resulting to a 2.18 per cent appreciation pushing the value-based index that tracks all equities to hover between 35,832 points and 36,952 points.
The week opened on Monday of the review week on a negativenote, as the NSE ASI fell by 0.37 per cent to close at 36,796.14 basis points having opened at 36,926.29 basis points the previous week while cumulative market capitalisation of listed equities dropped by N44 billion to close at N11.650.87 trillion compared with N11.694.95 trillion the previous week.
The second trading in the week under review saw the benchmark index rising by 0.61 per cent which caused the index to finish at 37,014.14 basis points even as the market capitalisation stood at N11.56 trillion.
The overall market volume traded on the same day increased by 53.4 per cent just as increased by 53.4 per cent just as the value grew by 50.8 per cent.
In all, a total of 289.25 million units of shares valued at N324 billion were exchanged by investors in 5,081 deals.
The positive note continued on Wednesday with the NSE ASI soaring by 0.31 percent to finish at 37,128.40 basis points while market capitalisation of listed equities added N36 billion to close at N11,758.27 trillion from an on-board-value of N11.722.08 billion.
The market, last Wednesday recorded a traded volume of 213.24 million units of shares worth N3.22 billion exchanging hands in 5,815 transactions down from 289.25 million units of shares valued at N3.24 billion traded in 5,419 deals the previous day.
The bulls sustained their hold in the equity market of the Nigerian bourse on Thursday with the bench mark index adding 199.26 points to end at 37,327.66 basis points as 34 stocks recorded price appreciation while 16 lost in their value.
The last trading day of the week under review saw the market finishing on a strong note as the bench mark index went up by 0.15 per cent to stand at 37,382.49 basis points while the aggregate market capitalisation of listed equities rose to N11.72 trillion.
A traded volume of 245.96 million units of shares valued at N2.94 billion were recorded at the close business on the Exchange on Friday.
The overall turnover volume during the review week stood at 1.674 billion units of shares valued at N18.266 billion exchanged by investors in 25.367 trades as against a total of 3.478 billion units of shares worth N14.902 billion that exchanged hands the previous week in 24,576 trades.
In volume terms according to the NSE weekly data, the financial services sector topped the sectorial activity chart with 1.306 billion units of shares worth N11.630 billion exchanged by investors in 13,565 trades.
The Banking subsector of the financial services sector was the most active in volume terms during the review week. Activities in the shares of United Bank for Africa Plc, Guaranty Trust Bank Plc and Access Bank Plc drove the volume in the subsector as they accounted for 735.184 million units of shares representing 77.68 per cent and 43.91 per cent of the turnover volume recorded by the subsector and the overall market turnover during the week under review respectively.
The Conglomerates sector emerged second on the week’s activity chart having a turnover of 101.851 million units of shares at the cost of N278.921 million in 1,077 trades.
Activities in the shares of Transnational Corporation of Nigeria Plc drove the volume in the sector as 98.150 million units of its shares were traded by investors in 727 transaction at the value of N137.029 million.
At the over-the-counter bond market, a total of 4,100 units of FGN bonds worth N443,665 were traded in 18 transactions as against 900 units at the value of N100,126 recorded in 19 trades the preceding week.
On the Price Movement chart, 37 stocks appreciate in their value during the week in contrast to 44 shares which recorded price appreciation the previous week.
A total of forty-seven shares dipped in their value compared with 36 shares that plunged in their value the previous week.
Mobil Oil Nigeria Plc vanguard the top 10 bulls with N10.71, Julius Berger Nigeria Plc N5.02, UACN Plc N4.00, Ecobank Transnational Incorporated N1.11, Beta Glass Company Plc N1.00.
Other top 10 price gainers for the week include IPWA Plc 19 kobo, HIS Plc 60 kobo, Ikeja Hotel Plc 7 kobo, National Salt Company of Nigeria Plc 91 kobo and Dangote Sugar Refinery Plc 84 kobo.
On the downside, the top 10 losers were Glaxo Smthkline N12.73, Costain West Africa Plc 24 kobo, Smart Product Nigeria Plc 20 kobo, Coulterville Business Solution Plc 18 kobo, NPF Microfinance Bank Plc 12 Kobo, Trans-Nationwide Express Plc 25 kobo, Vono Product Plc 17 kobo, Chellarams Plc 48 kobo, Thomas Wyatt Nigeria Plc 11 kobo and Transnational Corporation of Nigeria Plc 16 kobo.

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NPA Assures On Staff Welfare 

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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