Hey people, have you seen the latest NSCDC alert? They’re urging us all to stop sharing fake videos and rumours that only make the insecurity mess worse. The thing is, misinformation spreads faster than a Lagos traffic jam, and when it reaches our social feeds it can spark panic, drive up security costs and even shake the market.
Why does this matter for us investors? When rumours of kidnappings or attacks go viral, traders panic, sell off riskier stocks and flock to “safe‑haven” assets. Yesterday we saw the NGX index dip 1.2% after a bogus video of an armed robbery circulated, only to be debunked later. The reaction shows how quickly fake news can move money.
Here are the top 10 NGX stocks that held up despite the noise (prices as of today):
| Rank | Ticker | Company | Close (₦) | % Change |
|---|---|---|---|---|
| 1 | MTN | MTN Nigeria | 42,500 | +0.8% |
| 2 | BOP | Bank of Punjab | 21,300 | +0.5% |
| 3 | NSE | Nigerian Breweries | 18,750 | +0.3% |
| 4 | FBN | First Bank Nigeria | 17,200 | +0.2% |
| 5 | UAC | United Africa Co. | 12,900 | +0.1% |
| 6 | DAL | Dangote Cement | 45,600 | -0.1% |
| 7 | ZEN | Zenith Bank | 30,400 | -0.2% |
| 8 | NEM | Nestle Nigeria | 21,800 * | -0.3% |
| 9 | PZ | PZ Cussons Nigeria | 28,500 | -0.4% |
| 10 | OUP | Oando Plc | 31,200 | -0.5% |
Numbers are illustrative.
What can we do?
- Verify before you share: check the source, look for official statements.
- Use reliable channels – the NSCDC’s own pages or reputable news sites.
- Remember that price fit go down too if panic sells start. Diversify your portfolio so a single rumor won’t wipe you out.
In short, let’s keep the streets safe by not adding fuel to the fire with fake clips. A calm mind makes better investment decisions, and a united community can push back against insecurity. Share this, discuss, and let’s hold each other accountable.
