LAGOS — Companies have listed new shares worth N2.7 trillion on the Nigerian Exchange so far in 2026, largely because of recapitalisation by banks and insurers. Seven banks listed N652 billion, including FCMB, Fidelity, UBA and First HoldCo, while 10 insurers listed N118.89 billion. The largest single listings were Dangote Sugar's N485.9 billion rights issue and Presco's N236.7 billion.