AFRIPRUD - Africa Prudential Plc

Dec 6, 2024 at 14:33 Twitter · Facebook

AFRIPRUD share price on Nigerian Stock Exchange

Africa Prudential Plc is a leading Nigerian technology-driven share registration and investor service provider, and capital market investment mediator in Nigeria, specializing in qualitative service delivery for corporate organizations. The company, which was a fully owned subsidiary of United Bank for Africa, is a thoroughbred in share registration business in Nigeria, having over 30 years of share registration experience in the Nigerian capital market. Africa Prudential is the first and only listed registrar and investor services firm on the Nigerian Stock Exchange, managing over 70 client registers. This has afforded the company opportunities to participate in various offers including IPOs, right issues, debentures, and state and government bonds.

Africa Prudential Plc is listed on the Nigerian Stock Exchange (NGX) since November 1st, 2013. Africa Prudential is traded on the NGX under the ticker symbol “AFRIPRUD”. The International Securities Identification Number (ISIN) of NGX:AFRIPRUD is NGAFRIPRUD04. Africa Prudential Plc is currently the 72nd most valuable stock on the NGX with a market capitalization of NGN 21.6 billion, which is about 0.036% of the Nigerian Stock Exchange equity market.

AFRIPRUD Stock Market Performance

The current share price of Africa Prudential Plc (AFRIPRUD) is NGN 10.80. AFRIPRUD closed its last trading day (Friday, December 6, 2024) at 10.80 NGN per share on the Nigerian Stock Exchange (NGX), recording a 5.9% gain over its previous closing price of 10.20 NGN. Africa Prudential began the year with a share price of 7.40 NGN and has since gained 46% on that price valuation, ranking it 49th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about AFRIPRUD knowing the stock has accrued 11% over the past four-week period—27th best on NGX.

Africa Prudential is the 62nd most traded stock on the Nigerian Stock Exchange over the past three months (Sep 9 - Dec 6, 2024). AFRIPRUD has traded a total volume of 68 million shares—in 4,162 deals—valued at NGN 652 million over the period, with an average of 1.08 million traded shares per session. A volume high of 3.48 million was achieved on October 25th, and a low of 121,484 on September 19th, for the same period. The table below details the last 10 trading days of activity of Africa Prudential on the Nigerian Stock Exchange.

Profile of Africa Prudential Plc

Africa Prudential Plc operates in the Financials sector. The company is led by Obong Idiong as its Managing Director/CEO. The company's board of directors, chaired by Chief Mrs. Eniola Fadayomi, is composed of seven members whose names are listed below.

1. Fadayomi, Eniola (Chief Mrs.)
   Chairman
2. Idiong, Obong
   Managing Director/CEO
3. Ashade, Peter
   Non-Executive Director
4. Nwanze, Samuel
   Non-Executive Director
5. Elumelu, Peter
   Non-Executive Director
6. Nnorom, Emmanuel
   Non-Executive Director
7. Ali, Ammuna Lawan
   Independent Director

AFRIPRUD Industrial Market Competitors

Africa Prudential Plc, issuers of the AFRIPRUD stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange