The duo of Oando Plc and Transcorp Plc have been evicted from the NGX 30 Index by the Nigerian Exchange (NGX) Limited in the 2026 half-year review of market indices.
In a statement from Customs Street on Wednesday, it was disclosed that Unilever Nigeria Plc and NASCON Plc are the new members of the elite index.
Designed using the market capitalisation methodology, NGX indices are reviewed semi-annually on the first business day of January and July to ensure they remain aligned with evolving market dynamics and international best practices.
The exchange reserves the right to make further adjustments where necessary in the event of mergers, acquisitions, trading suspensions, resumptions or other corporate actions prior to the effective date of an index review.
Business Post reports that the consumer goods, banking, insurance, industrial goods, energy, pension, and pension broad indices did not witness any entry or exit.
However, the Lotus Islamic index saw the inclusion of Nestle Nigeria and Cadbury Nigeria and the exit of NASCON. Stanbic IBTC Holdings was added to the Afrinvest Bank Value index, with Access Holdings leaving the Afrinvest Div Yield index after the inclusion of Seplat Energy, Fidelity Bank, Stanbic IBTC Holdings, Custodian Investment, and NAHCO.
Further, the Meristem Growth index welcomed Eterna and PZ Cussons and bid farewell to BUA Cement, GTCO, AXA Mansard Insurance, NAHCO, NASCON, Okomu Oil, HBM Nigeria (Lafarge Africa) and Wema Bank.
As for the Meristem Value index, the NGX added Chemical and Allied Products, Honeywell Flour Mills, Dangote Cement, Linkage Assurance, Livestock Feeds, NASCON, Okomu Oil, and TotalEnergies, but removed Ecobank, Guinness Nigeria, and Zenith Bank.
