Two prominent Nigerian companies have been removed from the Nigerian Exchange Limited 30 Index following an evaluation of their performance in the first half of 2025, as announced by NGX on Tuesday. The review revealed that well-known Nigerian companies Conoil and Julius Berger have left the NGX 30 Index. However, Aradel Holdings Plc and Wema Bank Plc have been newly included in the index. In response, NGX CEO Jude Chiemeka reiterated the Exchange’s dedication to market development, stating, “NGX is committed to leading the way in becoming Africa’s premier securities exchange through innovation and product development that enhance market depth and liquidity, effectively linking Nigeria, Africa, and the rest of the world.”
