NGX ends week flat near 251,200 as small caps dominate the movers list

The Nigerian Exchange closed the week quietly: on Friday, 2 October 2026 the All-Share Index finished around 251,204, down about 0.28% on the day, with equity market capitalisation at roughly ₦163.1 trillion. Market breadth was mixed, with Haldane McCall topping the daily gainers at +10% and Learn Africa hitting the -10% limit as the day's biggest loser. Weekly activity was concentrated in low-priced, thinly traded small caps — ABCTRANS (+59.1%), CMFC (+35.4%) and LIVINGTRUST (+32.7%) led the advancers, while SOVRENINS, ETRANZACT and LEARNAFRCA led the decliners. This digest is educational and factual only, not investment advice.

Top movers this week

• ABCTRANS (Associated Bus Company Plc) +59.14% — Public data providers list ABC Transport's most recent earnings release as 30 July 2026, showing EPS of about ₦0.14 on roughly ₦4bn revenue. No fresh corporate announcement explaining this week's price surge was located in available sources. (source)
• CMFC (Critical Minerals Financing Corp. Plc) +35.35% — Critical Minerals Financing Corporation Plc is the renamed former DEAP Capital Management & Trust Plc, now positioned around financing, investment and advisory services for critical minerals and metals. The stock traded around ₦2.16 in mid-September 2026 before this week's advance. (source)
• LIVINGTRUST (Livingtrust Mortgage Bank Plc) +32.69% — LivingTrust Mortgage Bank reported unaudited H1 2026 pre-tax profit of ₦133.33 million, about 76% lower year-on-year, even as total assets rose to ₦36.93 billion and customer deposits reached ₦28.20 billion. Earlier in 2026 the bank also publicly denied media claims linking its shares to proxy acquisitions and money laundering. (source)
• VFDGROUP (VFD Group Plc) +19.47% — VFD Group opened a ₦20 billion commercial paper issuance under its ₦50 billion CP programme, which ran from 28 August to 4 September 2026. The group also declared an interim dividend of ₦0.24 per share on 4 August 2026. (source)
• CWG (Computer Warehouse Group Plc) +15.28% — CWG Plc's 2025 full-year results showed group revenue up 41.7% to ₦65.66 billion and profit up 84.2% to ₦5.61 billion, with profit before tax of ₦8.01 billion. The company declared a final dividend of ₦0.70 per share in March 2026. (source)

• SOVRENINS (Sovereign Trust Insurance Plc) -16%
• ETRANZACT (E-tranzact International Plc) -12%
• LEARNAFRCA (Learn Africa Plc) -11.05% — Learn Africa was the single worst performer on the NGX on Friday, 2 October 2026, falling the full 10% daily limit to ₦7.65 and leading the day's losers. No company announcement accompanying the decline was found in available sources. (source)
• PZ (P.z. Industries Plc) -10.03%
• TOTAL (Totalfinaelf Nigeria Plc) -10%

Upcoming ex-dividend dates

• GTCO (GTCO) — ₦1/share, ex-date 12 Oct
• STANBIC (STANBIC) — ₦4.5/share, ex-date 15 Oct

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Educational weekly recap for the NGX — not investment advice. Figures and news are drawn from public sources linked above.