NGX Don Raise Alarm: Some Companies Fit Soon Comot From Nigerian Stock Market

The Nigerian Exchange (NGX) don release fresh list of companies wey dey shake for ground as dem no dey meet listing standard or dem dey face wahala wey fit make dem comot from stock market.

As of September 2025, NGX don divide the companies into four main risk levels: Delisting Watch-list (DWL), Delisting in Progress (DIP), Below Listing Standard (BLS), and Missed Regulatory Filings (MRF).

🟠 Companies wey dey Delisting Watch-list (DWL)

These ones fit soon comot if dem no balance:

• ASO Savings and Loans Plc

• Deap Capital Management & Trust Plc

• Fortis Global Insurance Plc

• Multi-Trex Integrated Foods Plc

• STACO Insurance Plc

• Union Dicon Salt Plc

🔴 Companies wey don already start Delisting in Progress (DIP)

• Dunlop Nigeria Plc

• Ekocorp Plc

• Van Leer Containers Plc

⚠️ Companies wey dey Below Listing Standard (BLS)

• Alexander Forbes Group Plc

• Champion Breweries Plc

• Honeywell Flour Mills Plc

• Infinity Trust Mortgage Bank Plc

• Legendary International Plc

• Prestige Assurance Plc

• UPDC Plc

❌ Companies wey Miss Regulatory Filings (MRF)

• African Alliance Insurance Plc

• Afromedia Plc

• Pharma-Deko Plc

• Premier Paints Plc

• Regency Alliance Insurance Plc

• Smart Products Nigeria Plc

• Unity Bank Plc

• Universal Insurance Plc

Investor Takeaway

The new NGX warning na clear message: some of these companies dey battle financial, governance or compliance wahala. Anybody wey get money for Nigerian stock market suppose dey shine eye wella to avoid loss.