NGX Sector
Financial Services stocks on the Nigerian Exchange
Banks, insurance, pensions and asset managers — the largest sector on the NGX.
Stocks in Sector
43
Listed on the NGX
Combined Market Cap
₦32.56T
Sum across constituents
Average Daily Change
-0.45%
Sector mean today
Sector Leader
AIICO
+0.51% today
Top Gainers
AIICOAIICO Insurance Plc
+0.51%
FIRSTHOLDCOFirst HoldCo Plc
+0.00%
ZENITHBANKZenith Bank Plc
+0.00%
All Financial Services stocks on the NGX
| Ticker | Price | Change | Volume | Market Cap |
|---|---|---|---|---|
| FIRSTHOLDCO First HoldCo Plc |
₦136.85 | +0.00% | 164,411 | ₦6.08T |
| ZENITHBANK Zenith Bank Plc |
₦128.00 | +0.00% | 369,191 | ₦5.26T |
| GTCO Guaranty Trust Holding Company Plc |
₦127.70 | +0.00% | 354,235 | ₦4.67T |
| STERLINGNG Sterling Financial Holdings Company |
₦77.00 | +0.00% | 36,712 | ₦4.01T |
| STANBIC Stanbic IBTC Holdings Plc |
₦168.00 | +0.00% | 118,927 | ₦2.67T |
| UBA United Bank for Africa Plc |
₦42.95 | +0.00% | 246,408 | ₦1.90T |
| ETI Ecobank Transnational Incorporated |
₦70.50 | +0.00% | 38,852 | ₦1.67T |
| ACCESSCORP Access Holdings Plc |
₦28.00 | +0.00% | 588,729 | ₦1.49T |
| WEMABANK Wema Bank Plc |
₦30.20 | +0.00% | 55,533 | ₦1.21T |
| FIDELITYBK Fidelity Bank Plc |
₦20.35 | +0.00% | 194,988 | ₦1.02T |
| FCMB FCMB Group Plc |
₦11.00 | +0.00% | 439,563 | ₦470.49B |
| JAIZBANK Jaiz Bank Plc |
₦7.60 | +0.00% | 750,007 | ₦338.88B |
| NGXGROUP Nigerian Exchange Group Plc |
₦169.00 | +0.00% | 112,314 | ₦331.94B |
| UCAP United Capital Plc |
₦16.95 | +0.00% | 345,796 | ₦305.10B |
| AIICO AIICO Insurance Plc |
₦3.94 | +0.51% | 803,683 | ₦144.22B |
| NEM NEM Insurance Plc |
₦28.25 | +0.00% | 33,420 | ₦141.72B |
| MANSARD AXA Mansard Insurance Plc |
₦11.00 | +0.00% | 44,891 | ₦99.00B |
| CORNERST Cornerstone Insurance Plc |
₦4.95 | +0.00% | 7,360 | ₦89.92B |
| CONHALLPLC Consolidated Hallmark Holdings Plc |
₦7.10 | +0.00% | 62,790 | ₦76.96B |
| ABBEYBANK Abbey Bank Plc |
₦7.00 | +0.00% | 8,938 | ₦71.08B |
| MBENEFIT Mutual Benefits Assurance Plc |
₦3.05 | -1.61% | 4,976,612 | ₦61.19B |
| WAPIC Coronation Insurance Plc |
₦2.33 | -6.05% | 561,570 | ₦55.90B |
| INFINITY Infinity Trust Mortgage Bank Plc |
₦11.25 | +0.00% | 222,867 | ₦46.92B |
| AFRIPRUD Africa Prudential Plc |
₦10.20 | +0.00% | 20,889 | ₦40.80B |
| SOVRENINS Sovereign Trust Insurance Plc |
₦2.20 | +0.00% | 12,773 | ₦31.30B |
| LINKASSURE Linkage Assurance Plc |
₦1.63 | +0.00% | 82,335 | ₦30.12B |
| AVACAP AVA Capital Plc |
₦5.95 | +0.00% | 13,733 | ₦29.75B |
| NPFMCRFBK NPF Microfinance Bank Plc |
₦4.60 | +0.00% | 366,652 | ₦27.57B |
| FTGINSURE Fortis Global Insurance Plc |
₦1.60 | +0.00% | 25,928 | ₦20.66B |
| LASACO LASACO Assurance Plc |
₦1.76 | +0.00% | 20,574 | ₦19.51B |
| PRESTIGE Prestige Assurance Plc |
₦1.40 | +0.00% | 78,300 | ₦18.55B |
| UNITYBNK Unity Bank Plc |
₦1.51 | +0.00% | — | ₦17.65B |
| SUNUASSUR Sunu Assurances Nigeria Plc |
₦2.93 | +0.00% | 23,850 | ₦17.03B |
| VERITASKAP Veritas Kapital Assurance Plc |
₦1.12 | +0.00% | 119,337 | ₦15.53B |
| LIVINGTRUST LivingTrust Mortgage Bank Plc |
₦3.00 | +0.00% | 526,377 | ₦15.00B |
| REGALINS Regency Alliance Insurance Plc |
₦0.78 | -4.88% | 376,560 | ₦12.48B |
| UNIVINSURE Universal Insurance Plc |
₦0.77 | +0.00% | 12,130,883 | ₦12.32B |
| ROYALEX Royal Exchange Plc |
₦1.04 | +0.00% | 63,455 | ₦8.60B |
| GUINEAINS Guinea Insurance Plc |
₦0.87 | -7.45% | 458,714 | ₦6.91B |
| CMFC DEAP Capital Management & Trust Plc |
₦3.23 | +0.00% | 206,362 | ₦4.84B |
| STACO Staco Insurance Plc |
₦0.48 | +0.00% | — | ₦4.48B |
| AFRINSURE African Alliance Insurance Plc |
₦0.20 | +0.00% | — | ₦4.12B |
| INTENEGINS International Energy Insurance Plc |
₦2.11 | +0.00% | 350,947 | ₦2.71B |
About Financial Services on the NGX
Financial Services is the deepest and most actively traded sector on the Nigerian Exchange, anchored by tier-one banks like GTCO, Zenith Bank, Access Holdings, UBA and First HoldCo, plus mid-tier players Stanbic IBTC, FCMB, Fidelity, Wema and Sterling. Beyond banks, the sector includes insurers (AIICO, NEM, Custodian, Mansard), asset managers (United Capital, FCMB Group) and the NPF Microfinance Bank.
The CBN's bank recapitalisation programme — requiring international banks to hold ₦500B in Tier-1 capital by March 2026 — has driven a wave of rights issues and public offers, lifting free float and trading turnover across the names. With elevated naira interest rates and renewed dollar liquidity, banks have posted record FX revaluation gains and trading income. Insurance and asset management are the under-followed corners: smaller cap, less liquidity, but dividend-rich.
Frequently asked questions
What are the largest Nigerian bank stocks on the NGX?
GTCO, Zenith Bank, Access Holdings, UBA, and First HoldCo are the five largest banks by market capitalization. Stanbic IBTC, FCMB Group, Fidelity Bank and Wema Bank round out the tier-two segment.
Which Nigerian bank pays the highest dividend?
Zenith Bank and GTCO have historically been the most consistent high-dividend payers, with yields often in the 8–14% range. Stanbic IBTC and Access Holdings also typically declare interim and final dividends.
Are Nigerian insurance stocks worth buying?
Insurance stocks (AIICO, NEM, Custodian, Mansard, Linkage) are smaller-cap and less liquid than banks, but the sector has been a multi-year recapitalisation story with several names trading below book value. They tend to be patient, dividend-and-growth plays rather than momentum names.