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NGX Suspends Trading in Shares of Zichis Agro Allied Citing Need to Protect Investors

By Bala Augie
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Zichis Agro Allied Industries
Anthonia Chinyere Kambi Akabusi, CEO/MD, Zichis Agro-Allied Industries

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The Nigeria Exchange Group (NGX) has suspended trading in the shares of newly listed Zichis Agro-Allied Industries Plc with effect from Monday, 23 February 2026.

The suspension is based on Rule 7.0 of the Exchange’s Rulebook, which gives the Exchange the authority to halt trading in a listed security when needed to protect investors and comply with SEC Rules.

Trading in the Company’s shares will remain suspended pending the conclusion of an investigation into the  trading activities on the stock.

Zichis shares are up 772% year-to date. Zichis profit rose 299% for the 9-months period that ended September 2025, to N166.5 million.

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