UBA boosts paid up shares to 44.2 billion, Morrison 1.3bn buoyed by new Listings on NGX

The United Bank of Africa (UBA) has listed on the NGX Exchange a total of 3,156,869,665 ordinary shares of 50 Kobo each at N50.00 per share The shares were generated by the bank through its recently concluded Rights issue of shares to existing shareholders on the basis of one (1) new ordinary share for every existing thirteen (13) ordinary shares held as at the close of business on Wednesday, 16 July 2025.

In a notification to the investing public and shareholders, titled “United Bank for Africa Plc: Listing of 3,156,869,665 Ordinary Shares of 50 Kobo Each” released by the NGX, the banking said “Trading Licence Holders are hereby notified that additional 3,156,869,665 ordinary shares of 50 Kobo each of United Bank for Africa Plc (the Bank) were on Monday, 12 January 2026, listed on the Daily Official List of Nigerian Exchange Limited (NGX).

The additional shares arose from the Bank’s Rights Issue of 3,156,869,665 ordinary shares of 50 Kobo each at N50.00 per share on the basis of one (1) new ordinary share for every existing thirteen (13) ordinary shares held as at the close of business on Wednesday, 16 July 2025.

With the listing of the additional 3,156,869,665 ordinary shares, the total issued and fully paid-up shares of United Bank for Africa Plc has now increased from 41,039,305,642 to 44,196,175,307 ordinary shares of 50 Kobo each.

…Morison Industries boosts paid up shares to 1,256,000,000 billion.

Also, industries have lifted its fully paid shares on the NGX to 1.256,000,000 listing of fresh shares on the bourse

This was disclosed by the firm in a release titled “Morison Industries Plc: Listing of 266,838,125 Ordinary Shares of 50 Kobo each at N1.50 per Share Offered through Private Placement” on the NGX portal.

“Trading Licence Holders are hereby notified that additional 266,838,125 ordinary shares of 50 Kobo each of Morison Industries Plc (the Company) were on Tuesday, 13 January 2026, listed on the Daily Official List of Nigerian Exchange Limited (NGX).

The additional shares listed on NGX arose from the Company’s Private Placement of 266,838,125 ordinary shares of 50 Kobo each at N1.50 per share. With the listing of the additional shares, the total issued and fully paid-up shares of Morison Industries Plc have now increased from 989,161,875 to 1,256,000,000 ordinary shares of 50 Kobo each”