NGX Replaces United Capital with Guinness Nigeria in Market Index Reshuffle

The Nigerian Exchange Group (NGX) (NGX: NGXGROUP) has made changes to its NGX 30 Index by replacing United Capital (NGX: UCAP) with Guinness Nigeria (NGX: GUINNESS), a move aimed at improving market liquidity and reflecting evolving market trends. Guinness Nigeria's inclusion comes as it emerged as one of the best-performing consumer goods stocks in 2025, alongside notable companies like Presco PLC (NGX: PRESCO) and Wema Bank (NGX: WEMABANK).

The reshuffle also saw other companies like Access Bank (NGX: ACCESSCORP), Stanbic IBTC (NGX: STANBIC), and others being included or removed from various indices, signaling a shift in market dynamics and compliance with sector performance. This move is expected to benefit passive investors and align with Nigeria's capital market strategies.