Zichi Investment Limited has officially listed on the Nigerian Exchange Limited (NGX), marking a significant milestone as the company joins the bourse with 600 million ordinary shares valued at ₦1.086 billion.
The listing, which took place on Tuesday, January 21, 2026, was executed through a direct listing on the NGX Main Board. Each share was priced at ₦1.81, reflecting the company's entry into the public market without an initial public offering (IPO) or rights issue. This approach allows existing shareholders to trade their holdings on the exchange while providing greater liquidity and visibility for the investment firm.
Zichi Investment Limited operates as a diversified holding company with interests spanning real estate development, agriculture, hospitality, and financial services. The listing is expected to enhance its access to capital markets, support expansion plans, and attract a broader investor base amid Nigeria's recovering equity market environment.
Commenting on the development, NGX officials described the listing as a positive signal for domestic companies seeking to leverage the bourse for growth and credibility. It also aligns with ongoing efforts to deepen capital market participation and encourage more listings in a year that has seen renewed interest in equities following macroeconomic stabilization measures.
The shares began trading under the ticker symbol “ZICHI” on the NGX platform. Market watchers anticipate moderate initial activity as investors assess the company's fundamentals, growth prospects, and dividend policy going forward.
This debut adds to a series of corporate actions on the NGX in early 2026, contributing to improved market capitalization and trading volumes in the local bourse. For Zichi, the listing represents a strategic step toward institutionalizing operations and unlocking long-term value for shareholders.
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