AVA Capital lists on NGX

AVA Capital Plc, an integrated financial services group, will be admitted to the Nigerian Exchange (NGX) on July 31, 2026, via a Listing by Introduction. The listing does not involve raising new capital but aims to enhance corporate governance, transparency, and market visibility. The group, which operates through subsidiaries AVA Capital — AVA Global Asset Managers, AVA Capital — AVA Securities, and FBN Trustees Limited, structured transactions worth over N500 billion in the 2025/2026 financial year. Managing Director Olukayode Fadahunsi emphasized the move as a natural progression toward becoming a long-term public institution. The company already meets NGX's free-float requirement with about 20% of shares held outside the controlling structure.