NGX Coverage Report · updates hourly
Every NGX equity. Covered.
Investo's AI research desk maintains coverage on 147/147 NGX-listed equities — more than every traditional research desk in Nigeria combined.
The gap
Coverage, compared.
Most NGX-listed companies have never had a single published research note. Traditional sell-side desks concentrate on the largest, most liquid names — Investo covers the whole board.
* Approximate count of NGX equities with at least one active sell-side analyst, per public broker research lists, mid-2026 — corrections welcome.
The grid
All 147 equities, by sector.
Every tile is live coverage — tap any equity for Investo's current verdict, fair-value range and thesis. A verdict pill means a published AI view; a data badge means prices and filings are tracked while the evidence bar for a published verdict hasn't been met yet.
Financial Services
43 equitiesServices
20 equitiesConsumer Goods
19 equitiesConstruction / Real Estate
12 equitiesIndustrial Goods
11 equitiesICT
9 equitiesHealthcare
7 equitiesOil and Gas
7 equitiesAgriculture
6 equitiesConglomerates
6 equitiesNatural Resources
4 equitiesUtilities
2 equitiesInvestment
1 equityMethodology
How coverage is produced.
“Coverage” on Investo means live prices, monitored filings, structured fundamentals and — where the evidence supports one — a published AI verdict with a fair-value range. Here's the pipeline behind every tile above.
Filings ingestion
NGX disclosures, annual reports and interim results are pulled into the data room as they are published — 1,783 documents indexed to date.
Structured extraction
Financial statements are normalised into per-period fundamentals — revenue, margins, balance-sheet and cash-flow lines — with every metric traceable to its source document.
Analyst-grade synthesis
The AI research desk drafts an investment thesis, a bear/base/bull fair-value range and key risks for each company, using sector-specific valuation playbooks — banks are not analysed like cement makers.
Confidence gating
Every verdict carries a confidence level. Only views that clear the evidence bar are published; the rest wait for more data rather than pretending.
The honesty rules
- Low confidence → directional only. No price target is published when the data can't support one.
- Insufficient data → flagged, not faked. Those equities show a data badge above until the filings catch up.
- Refresh cadence: prices update on every NGX close, filings as they are published, and verdicts whenever new information moves the thesis. This page recomputes hourly.
- Educational research, not investment advice.
The whole board. One terminal.
Ask anything about any of these companies — or pull the underlying data into your own models.