NGX Unveils Major 2025 Market Indices Overhaul

The Nigerian Exchange Limited (NGX) has announced a mid-year review of its market indices, effective July 1, 2025.

This strategic overhaul, impacting multiple benchmark indices, reflects NGX’s commitment to aligning with evolving market dynamics and investor interests.

The review affects prominent indices, including the NGX 30, NGX Lotus Islamic, NGX Pension, NGX Pension Broad Index, and Corporate Governance Index.

Additionally, sectoral indices such as Banking, Insurance, Industrial, Consumer Goods, and Oil & Gas, alongside specialized indices like Afrinvest and Meristem, have been updated.

For the NGX 30 Index, Aradel Holdings Plc, Wema Bank Plc, Conoil Plc, and Julius Berger Nigeria Plc have been added.

The NGX Consumer Goods Index welcomed McNichols Consolidated Plc and Golden Guinea Breweries Plc, signaling growth in the consumer sector. This move highlights NGX’s focus on capturing emerging trends in Nigeria’s fast-evolving consumer goods market.

In the Insurance Index, LASACO Assurance Plc, Fortis Global Insurance Plc, and International Energy Insurance Plc were incorporated, bolstering the sector’s visibility.

The Industrial Index saw Austin Laz & Company Plc and Notore Chemical Industries Plc join its ranks.

No changes were made to the NGX Banking, NGX Oil & Gas, NGX Pension, NGX Lotus Islamic, Corporate Governance, and NGX Pension Broad indices.

This decision ensures continuity for investors relying on these indices for portfolio benchmarking and .

The Afrinvest Dividend Yield Index added Access Holdings Plc, FCMB Group Plc, and Julius Berger Nigeria Plc, emphasizing high-yield opportunities. These inclusions cater to investors seeking consistent dividend returns in a competitive market.

The Meristem Growth Index welcomed a robust lineup, including Wema Bank Plc, Chemical and Allied Products Plc, Guaranty Trust Holding Company Plc, and Fidelity Bank Plc. Transnational Corporation Plc, United Bank for Africa Plc, Unilever Nigeria Plc, and Guinness Nigeria Plc were also included, highlighting growth-oriented firms.

Similarly, the Meristem Value Index added United Bank for Africa Plc, Unilever Nigeria Plc, Guinness Nigeria Plc, and Julius Berger Nigeria Plc. These additions reflect NGX’s focus on value-driven investments with strong fundamentals.

According to NGX’s official statement, these changes aim to enhance the accuracy and relevance of its indices for investors. The Exchange continues to prioritize transparency and adaptability in response to Nigeria’s evolving financial landscape.

This overhaul positions NGX as a forward-thinking exchange, aligning its indices with market trends and investor needs. As Nigeria’s economy grows, these updates ensure NGX remains a vital tool for tracking market performance.

Investors are encouraged to review these changes to optimize their portfolios in line with the updated indices. NGX’s proactive approach reinforces its role as a cornerstone of Nigeria’s capital market.

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