Penny Stocks

42 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 — 42 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	P/E	EPS (₦)
DN TYRE & RUBBER PLC DUNLOP	CONSUMER GOODS	₦0.2000	+0.0000%	0	954,533,842	10.0000	0.0200
AFRICAN ALLIANCE INSURANCE PLC AFRINSURE	FINANCIAL SERVICES	₦0.2000	+0.0000%	0	—	—	-0.1400
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	—	—	-0.1500
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦0.7500	-2.6000%	3,421,832	—	77.5200	0.0100
SECURE ELECTRONIC TECHNOLOGY PLC NSLTECH	SERVICES	₦0.7600	+2.7000%	4,853,008	—	—	-0.0200
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦0.7700	+0.0000%	0	12,320,000,000	2.2300	0.3400
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.8600	+7.5000%	850,917	—	20.1400	0.0400
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦0.9600	+9.0900%	2,305,989	—	33.2000	-0.0700
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.1500	-0.8600%	28,981,233	—	6.0400	-0.1300
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4000	-2.1400%	2,708,324	—	16.2600	0.0900
UNITY BANK PLC UNITYBNK	FINANCIAL SERVICES	₦1.5100	+0.0000%	0	—	—	-9.8300
DAAR COMMUNICATIONS PLC DAARCOMM	SERVICES	₦1.5100	+0.0000%	1,305,768	—	64.4000	0.0200
OMATEK VENTURES PLC OMATEK	ICT	₦1.6500	+10.0000%	1,889,995	—	—	-0.0300
PHARMA-DEKO PLC. PHARMDEKO	HEALTHCARE	₦1.8300	+0.0000%	0	—	—	-1.3700
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.8300	+2.2300%	6,432,186	—	7.4000	0.2400
LASACO ASSURANCE PLC. LASACO	FINANCIAL SERVICES	₦1.8800	+1.6200%	1,063,001	—	—	-0.1500
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦1.8800	+9.9400%	8,898,358	—	89.4500	0.0000
FORTIS GLOBAL INSURANCE PLC FTGINSURE	FINANCIAL SERVICES	₦1.9400	+0.0000%	550,123	—	—	-1.2400
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.1900	+6.8300%	17,011,112	—	5.4600	0.3800
CUTIX PLC. CUTIX	INDUSTRIAL GOODS	₦2.4000	+0.4200%	3,713,832	—	97.6500	0.0000
AUSTIN LAZ & COMPANY PLC AUSTINLAZ	INDUSTRIAL GOODS	₦2.7200	+8.8000%	1,036,500	—	—	-0.0100
THOMAS WYATT NIG. PLC. THOMASWY	NATURAL RESOURCES	₦2.7500	+0.0000%	82,676	—	19.2000	0.1400
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦2.7500	-3.8500%	14,865,373	—	25.5300	0.1100
CRITICAL MINERALS FINANCING CORP PLC CMFC	FINANCIAL SERVICES	₦2.7700	-4.4800%	4,427,823	—	—	-0.0600
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦2.8200	-0.7000%	16,766,801	—	18.7600	0.1500
TRIPPLE GEE AND COMPANY PLC. TRIPPLEG	INDUSTRIAL GOODS	₦2.8800	+0.0000%	27,015	—	265.5300	-0.1000
TRANS-NATIONWIDE EXPRESS PLC. TRANSEXPR	SERVICES	₦3.0500	+0.0000%	85,114	—	—	-0.2300
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦3.1200	+9.8600%	482,585	—	47.1800	0.0600
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦3.1500	-1.2500%	9,509,167	—	4.8300	0.6600
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦3.2500	+0.0000%	238,833	—	29.0300	-0.0400
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦3.5500	+0.0000%	644,057	—	75.2500	-0.0300
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦3.7600	+1.6200%	5,499,563	135,439,521,248	6.8200	0.5400
DEAP CAPITAL MANAGEMENT & TRUST PLC DEAPCAP	FINANCIAL SERVICES	₦3.8000	+1.3300%	9,435,501	—	—	-0.0600
TANTALIZERS PLC TANTALIZER	SERVICES	₦3.8200	-4.9800%	7,909,175	—	198.0200	0.0200
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦3.9900	+0.2500%	9,637,604	—	71.8300	0.0600
LEGEND INTERNET PLC LEGENDINT	ICT	₦4.0000	+1.2500%	484,682	—	—	—
HALDANE MCCALL PLC HMCALL	CONSTRUCTION/REAL ESTATE	₦4.0000	+6.9500%	495,714	—	—	—
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦4.2000	+3.7000%	1,183,965	—	8.0300	0.5000
CAVERTON OFFSHORE SUPPORT GRP PLC CAVERTON	SERVICES	₦4.2000	+0.0000%	747,913	—	—	-7.2400
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦4.5000	+0.0000%	1,511,013	—	9.9200	0.4500

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.