Penny Stocks

36 stocks matched · Updated daily after market close

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 — 36 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	1,065,371,277	—	—
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	4,483,722,052	—	-0.1300
SECURE ELECTRONIC TECHNOLOGY PLC NSLTECH	SERVICES	₦0.8700	+1.1600%	18,342,463	—	—	-0.0300
FORTIS GLOBAL INSURANCE PLC FTGINSURE	FINANCIAL SERVICES	₦1.0100	+1.0000%	2,022,614	12,911,030,586	—	-0.1300
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦1.0200	+0.9900%	9,271,569	17,125,350,000	26.1700	0.0400
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦1.0800	-0.9200%	2,056,773	8,657,652,000	23.8300	-0.0200
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦1.0900	-2.6800%	10,582,286	18,080,000,000	3.9900	0.2800
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4800	-5.1300%	2,982,395	—	36.2800	0.0400
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦1.5000	+0.0000%	2,851,167	—	14.5600	0.1000
UNITY BANK PLC UNITYBNK	FINANCIAL SERVICES	₦1.5100	+0.0000%	0	17,650,900,292	—	-9.8300
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.6600	+0.6100%	9,495,414	22,879,999,999	6.3100	0.2600
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.7900	+0.5600%	17,096,903	31,600,800,000	3.7900	0.4700
PHARMA-DEKO PLC. PHARMDEKO	HEALTHCARE	₦1.8300	+0.0000%	0	—	—	-1.3700
DAAR COMMUNICATIONS PLC DAARCOMM	SERVICES	₦1.9500	-5.1300%	1,590,485	—	—	-0.0600
OMATEK VENTURES PLC OMATEK	ICT	₦1.9900	+0.5000%	1,887,715	5,795,325,260	—	-0.0200
LASACO ASSURANCE PLC. LASACO	FINANCIAL SERVICES	₦2.0800	-0.9600%	4,407,422	22,832,186,861	—	-0.1800
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.6300	-1.5000%	1,298,959	—	9.0600	0.2900
THOMAS WYATT NIG. PLC. THOMASWY	NATURAL RESOURCES	₦2.7500	+0.0000%	0	1,089,000,000	—	-0.0600
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦2.9400	+6.9100%	14,267,790	35,570,348,708	124.5200	0.0200
CUTIX PLC. CUTIX	INDUSTRIAL GOODS	₦3.0000	-3.2300%	20,221,371	21,981,298,884	97.6500	0.0300
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦3.7000	-1.3300%	14,250,213	53,913,012,486	48.0400	0.0800
AUSTIN LAZ & COMPANY PLC AUSTINLAZ	INDUSTRIAL GOODS	₦3.7600	-5.0500%	1,529,509	—	—	-0.0100
HALDANE MCCALL PLC HMCALL	CONSTRUCTION/REAL ESTATE	₦3.8400	+0.0000%	318,616	—	—	—
TRIPPLE GEE AND COMPANY PLC. TRIPPLEG	INDUSTRIAL GOODS	₦3.9800	+0.0000%	92,770	—	1055.4100	0.0000
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦4.0000	-0.2500%	482,265	—	19.8200	0.2000
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦4.1500	+1.2200%	38,244,612	—	56.8900	0.0700
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦4.2000	-4.5500%	998,800	—	87.1300	0.0500
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦4.2900	-2.2800%	12,670,840	—	4.4900	0.9800
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦4.4800	+1.8200%	635,544	—	24.6700	0.1800
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦4.6000	+2.2200%	19,862,970	170,214,533,460	9.0600	0.5000
TRANS-NATIONWIDE EXPRESS PLC. TRANSEXPR	SERVICES	₦4.7600	-9.8500%	1,510,803	4,886,792,848	—	-0.3200
TANTALIZERS PLC TANTALIZER	SERVICES	₦4.8000	-1.8400%	19,004,904	22,500,000,000	276.7100	0.0200
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦4.9700	+9.9600%	5,181,850	—	26.3000	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.

More Price Based Signals

Top Gainers

NGX stocks with the highest percentage price gain today.

Top Losers

NGX stocks with the steepest percentage price decline today.

Most Active

Highest trading volume on the NGX — stocks the market is paying attention to.

Near 52-Week High

Stocks whose price is within 5% of their 52-week high — potential breakout candidates.

Near 52-Week Low

Stocks within 5% of their 52-week low — deep value or distressed territory.

Blue Chip Stocks

Largest NGX companies by market cap — the most established Nigerian equities.

Stocks Under ₦50

NGX stocks trading below ₦50 — affordable entry-level opportunities.