BREAKING: NGX postpones new pricing rules, days after confirming Monday take-off

The Nigerian Exchange (NGX) announced on Sunday, August 16, 2026, that it has postponed the implementation of its revised pricing methodology for equities trading, just one day before the changes were set to commence on Monday, August 17, 2026. This decision was made by the Group Head of Communications and Partnerships at NGX, Mr. Clifford Akpolo, who informed Nairametrics of the postponement.

Despite the delay, Mr. Akpolo emphasized that the new framework has not been canceled and will be launched at a later date, which is yet to be communicated. The postponed rollout aimed to introduce tiered minimum trading volume thresholds for low-, medium-, and premium-priced stocks, with the objective of strengthening price discovery by ensuring that transactions of significant economic value are accurately reflected in market prices while preventing price distortions.

Under the revised framework, specific stock categories would require different minimum traded quantity thresholds before their published market prices could adjust, depending on the prevailing share price of each security. Notably, the change was designed to address concerns about the outdated flat-threshold system by providing more nuanced and economically relevant pricing adjustments.

However, the current pricing bands of N100 and above, N5.00 to below N100, and below N5.00 will remain in effect until the revised methodology is implemented.