The Nigerian Exchange Limited (NGX) has disclosed the exit of Conoil and Julius Berger from the NGX 30 Index, a key benchmark tracking the 30 most capitalized and liquid companies listed on the Exchange.
This was revealed in a half-year market review, published on July 1, 2025, and titled “Strengthening the Competitiveness of African Economies.”
According to the Exchange, Conoil and Julius Berger were dropped during the semi-annual rebalancing, in line with market capitalization criteria.