NGX admits Guinness Nigeria into NGX 30 as United Capital exits

The Nigerian Exchange (NGX) has released the outcome of its full-year review of key market indices, including NGX 30, NGX Lotus Islamic, NGX Pension, NGX Pension Broad Index, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index, and the five sectoral indices: NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods, and NGX Oil & Gas.

The review, which took effect at the market open on Friday, 2 January 2026, resulted in several entries and exits across these indices.

In the NGX 30 Index, Guinness Nigeria Plc has been added, replacing United Capital Plc, which exits the benchmark. There were no changes in the NGX Consumer Goods and NGX Banking indices.

For the NGX Insurance Index, Mutual Benefits Assurance Plc joins the index while Guinea Insurance Plc exits. The NGX Industrial Index remains unchanged. In the NGX Oil & Gas Index, Japaul Gold & Ventures Plc enters, replacing MRS Oil Nigeria Plc.

The NGX indices are constructed using the market capitalisation methodology and are rebalanced semi-annually, on the first business day of January and July.

The Exchange retains the right to adjust the published index composition in response to mergers, takeovers, trading suspensions or resumptions, or other structural changes before the effective date of the annual review.