Zichis Agro Allied CEO Dumps 5 Million Shares After 1,900% Rally

The MD/ CEO of Zichis Agro-Allied Industries Plc ANTHONIA CHINYERE AKABUSI
has dumped 5 million shares of the company worth an estimated N183.45 million.

The shares were sold at N36.69 per share on May 11, 2026.

The Nigerian Exchange (NGX) officially reinstated trading in the shares of Zichis Agro-Allied Industries Plc, on Monday, March 23, 2026. The lifting of the suspension marked the end of a targeted investigation into the company’s trading activities, which had previously raised concerns regarding market fairness and transparency.

According to a notice from the Exchange, the resumption follows the successful implementation of “corrective measures” designed to safeguard investors and maintain the integrity of the NGX All-Share Index (NGXASI).

Zichis Agro Allied shares are up 1,927% year-to-date, while the NGX-ASI is up 62% in the same time period.

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