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Penny Stocks

39 stocks matched  ·  Updated daily after market close

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Penny stocks on the NGX are defined here as shares trading below ₦5. These are typically smaller companies with lower liquidity and higher price volatility. While they attract speculative interest due to their low nominal price, they carry significantly higher risk. Before investing, always review the company's revenue, debt levels, market cap, and whether any recent news explains the depressed price.

Penny Stocks — 39 Stocks

Sorted by signal strength
Company Sector Price (₦) % Change Volume Mkt Cap P/E EPS (₦)
AFRICAN ALLIANCE INSURANCE PLC

AFRINSURE

FINANCIAL SERVICES ₦0.2000 +0.0000% 0 -0.1400
DN TYRE & RUBBER PLC

DUNLOP

CONSUMER GOODS ₦0.2000 +0.0000% 0 954,533,842 10.0000 0.0200
AFROMEDIA PLC

AFROMEDIA

SERVICES ₦0.2400 +0.0000% 0
MULTI-TREX INTEGRATED FOODS PLC

MULTITREX

CONSUMER GOODS ₦0.3600 +0.0000% 0 -0.0800
STACO INSURANCE PLC

STACO

FINANCIAL SERVICES ₦0.4800 +0.0000% 0 -0.0900
SECURE ELECTRONIC TECHNOLOGY PLC

NSLTECH

SERVICES ₦0.8400 +1.2000% 3,219,714 -0.0300
GUINEA INSURANCE PLC.

GUINEAINS

FINANCIAL SERVICES ₦0.8700 -1.1400% 53,404,202 23.8300 -0.0200
UNIVERSAL INSURANCE PLC

UNIVINSURE

FINANCIAL SERVICES ₦0.9400 +3.3000% 1,701,016 7.6000 -0.0400
REGENCY ASSURANCE PLC

REGALINS

FINANCIAL SERVICES ₦0.9400 +1.0800% 1,491,398 24.0900 0.0400
PRESTIGE ASSURANCE PLC

PRESTIGE

FINANCIAL SERVICES ₦1.4400 -0.6900% 1,086,284 33.7200 0.0400
ROYAL EXCHANGE PLC.

ROYALEX

FINANCIAL SERVICES ₦1.4800 +4.2300% 26,739,221 36.5500 0.0400
LINKAGE ASSURANCE PLC

LINKASSURE

FINANCIAL SERVICES ₦1.5000 -0.6700% 19,988,107 3.1900 0.4700
UNITY BANK PLC

UNITYBNK

FINANCIAL SERVICES ₦1.5100 +0.0000% 0 -9.8300
VERITAS KAPITAL ASSURANCE PLC

VERITASKAP

FINANCIAL SERVICES ₦1.5700 +0.6400% 4,491,018 5.9600 0.2600
DAAR COMMUNICATIONS PLC

DAARCOMM

SERVICES ₦1.6500 -2.9400% 2,397,115 -0.0600
OMATEK VENTURES PLC

OMATEK

ICT ₦1.7000 -6.0800% 854,004 -0.0200
PHARMA-DEKO PLC.

PHARMDEKO

HEALTHCARE ₦1.8300 +0.0000% 0 -1.3700
LASACO ASSURANCE PLC.

LASACO

FINANCIAL SERVICES ₦2.0000 +5.2600% 3,890,263 -0.1600
SOVEREIGN TRUST INSURANCE PLC

SOVRENINS

FINANCIAL SERVICES ₦2.0000 +0.0000% 289,251 93.1700 0.0200
CORONATION INSURANCE PLC

WAPIC

FINANCIAL SERVICES ₦2.6000 +7.4400% 4,405,014 8.2100 0.2900
FORTIS GLOBAL INSURANCE PLC

FTGINSURE

FINANCIAL SERVICES ₦2.8400 +0.0000% 486,154 -0.1500
CUTIX PLC.

CUTIX

INDUSTRIAL GOODS ₦2.9000 -2.6800% 3,426,234 97.6500 -0.0100
JAPAUL GOLD & VENTURES PLC

JAPAULGOLD

OIL AND GAS ₦2.9500 -1.0100% 10,512,159 34.7500 0.0900
THOMAS WYATT NIG. PLC.

THOMASWY

NATURAL RESOURCES ₦3.0900 +5.1000% 14,746,422 30.8200 0.1000
TRANS-NATIONWIDE EXPRESS PLC.

TRANSEXPR

SERVICES ₦3.1000 +2.6500% 333,994 -0.3200
CRITICAL MINERALS FINANCING CORP PLC

CMFC

FINANCIAL SERVICES ₦3.3000 -2.0800% 3,159,318 -0.0800
AUSTIN LAZ & COMPANY PLC

AUSTINLAZ

INDUSTRIAL GOODS ₦3.6300 +0.0000% 71,334 -0.0100
HALDANE MCCALL PLC

HMCALL

CONSTRUCTION/REAL ESTATE ₦3.6500 +9.9400% 1,053,354
MUTUAL BENEFITS ASSURANCE PLC.

MBENEFIT

FINANCIAL SERVICES ₦3.6700 +0.0000% 1,052,417 4.6200 0.7900
LIVINGTRUST MORTGAGE BANK PLC

LIVINGTRUST

FINANCIAL SERVICES ₦3.7200 +9.7300% 447,165 16.7600 0.2000
DEAP CAPITAL MANAGEMENT & TRUST PLC

DEAPCAP

FINANCIAL SERVICES ₦3.8000 +1.3300% 9,435,501 -0.0800
UPDC PLC

UPDC

CONSTRUCTION/REAL ESTATE ₦3.8500 +0.0000% 1,207,014 76.2400 0.0500
TRIPPLE GEE AND COMPANY PLC.

TRIPPLEG

INDUSTRIAL GOODS ₦3.8900 +0.0000% 28,393 302.9000 0.0100
SUNU ASSURANCES NIGERIA PLC.

SUNUASSUR

FINANCIAL SERVICES ₦4.0000 +0.0000% 976,590 22.4300 0.1800
AIICO INSURANCE PLC.

AIICO

FINANCIAL SERVICES ₦4.1300 +2.2300% 3,108,626 8.1300 0.5000
CHAMS HOLDING COMPANY PLC

CHAMS

ICT ₦4.2000 -2.7800% 17,233,810 59.9400 0.0700
TANTALIZERS PLC

TANTALIZER

SERVICES ₦4.4800 +2.2800% 4,186,331 247.8500 0.0200
LEGEND INTERNET PLC

LEGENDINT

ICT ₦4.6500 -2.1100% 5,790,955
INTERNATIONAL ENERGY INSURANCE PLC

INTENEGINS

FINANCIAL SERVICES ₦4.6600 +0.4300% 359,641 27.0000 0.1700

Frequently Asked Questions

Are penny stocks safe to invest in on the NGX?
Penny stocks are considered high-risk investments. Their low price can reflect genuine financial distress, thin trading liquidity, or a company recovering from past difficulties. Diversification, position sizing, and thorough due diligence are essential if you choose to invest in this segment.
Can penny stocks on the NGX make significant gains?
Yes — a penny stock moving from ₦0.50 to ₦1.00 represents a 100% gain. However, losses can be equally dramatic. The key is finding companies with improving fundamentals (positive and growing EPS) whose low share price reflects past underperformance rather than a broken business model.

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