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7UP 50.00 0.00    ABBEYBDS 1.50 0.07    ABCTRANS 1.03 0.01    ACADEMY 1.70 0.00    ACCESS 11.00 0.10    AFRIPRUD 1.68 -0.17    AGLEVENT 1.65 0.00    AIICO 0.89 0.01    AIRSERVICE 4.80 0.33    ASHAKACEM 24.20 0.00    BECOPETRO 0.50 0.00    BERGER 8.25 0.00    BETAGLAS 10.00 0.00    CADBURY 44.50 0.50    CAP 67.50 2.45    CCNN 9.70 0.25    CILEASING 0.50 0.00    CONOIL 24.00 1.00    CONTINSURE 1.15 0.05    CORNERST 0.50 0.00    COSTAIN 0.94 0.08    COURTVILLE 0.96 0.08    CUSTODYINS 1.72 -0.03    CUTIX 2.30 0.00    DANGCEM 187.00 6.89    DANGFLOUR 9.20 0.08    DANGSUGAR 8.49 0.24    DIAMONDBNK 6.99 0.07    DNMEYER 1.80 0.00    EQUITYASUR 0.50 0.00    ETERNA 3.93 0.35    ETI 15.35 0.20    ETRANZACT 3.47 0.00    EVANSMED 1.80 0.01    FBNH 18.57 -0.42    FCMB 5.00 -0.02    FG9B2017S2 113.30 -1.00    FG9B2019S3 118.95 0.13    FG9B2022S1 127.50 0.75    FIDELITYBK 3.07 -0.02    FIDSON 1.56 0.00    FIRSTALUM 0.50 0.00    FLOURMILL 85.00 0.00    FO 14.24 0.00    FORTISMFB 6.00 0.00    FTNCOCOA 0.50 0.00    GLAXOSMITH 49.00 0.00    GUARANTY 26.66 0.09    GUINEAINS 0.50 0.00    GUINNESS 275.00 0.00    HMARKINS 0.50 0.00    HONYFLOUR 2.89 0.04    IKEJAHOTEL 0.89 0.08    INTBREW 28.67 2.60    INTERLINK 4.90 0.00    IPWA 0.70 0.00    JAPAULOIL 0.55 -0.01    JBERGER 58.25 3.75    JOHNHOLT 1.54 0.00    LEARNAFRCA 2.00 0.00    LIVESTOCK 3.25 0.17    MANSARD 2.50 0.00    MAYBAKER 1.81 0.00    MBENEFIT 0.50 0.00    MCNICHOLS 1.43 0.13    MOBIL 114.00 0.00    MORISON 2.23 0.00    MRS 19.80 0.00    NAHCO 6.90 0.25    NASCON 12.90 -0.40    NB 179.00 4.50    NCR 17.00 0.00    NEIMETH 0.83 0.07    NEM 0.81 0.01    NESTLE 950.00 5.00    NIG-GERMAN 8.17 0.00    NIGERINS 0.50 0.00    NNFM 21.42 0.00    NPFMCRFBK 1.08 0.09    OANDO 15.10 -0.40    OKOMUOIL 53.94 0.00    PAINTCOM 1.40 0.00    PRESCO 28.99 1.49    PRESTIGE 0.62 0.00    PZ 45.00 0.00    REDSTAREX 4.30 0.00    ROYALEX 0.60 0.05    RTBRISCOE 1.80 -0.01    SKYEBANK 5.05 -0.07    SKYESHELT 100.00 0.00    SOVRENINS 0.50 0.00    STANBIC 15.10 0.10    STDINSURE 0.50 0.00    STERLNBANK 2.89 0.15    TOTAL 165.00 -7.00    TRANSCORP 1.30 0.03    UAC-PROP 17.00 0.00    UACN 70.80 0.11    UBA 8.70 0.00    UBCAP 1.28 -0.03    UBN 9.53 -0.07    UNIC 0.50 0.00    UNILEVER 65.04 1.04    UNIONDAC 0.50 0.00    UNITYBNK 0.67 -0.01    UNIVINSURE 0.50 0.00    UPL 5.77 0.51    UTC 0.92 0.08    VANLEER 12.68 0.00    VITAFOAM 3.22 0.00    VONO 2.34 0.00    WAPCO 92.15 -2.85    WAPIC 0.90 0.00    WEMABANK 1.24 -0.03    ZENITHBANK 21.70 -0.15   
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Real Estate Investment Trusts (REITs)
 
This is a Corporation or Trust that uses the pooled capital of many investors to purchase and manage income property and/or mortgage loans. REITs are traded on The Nigerian Stock Exchange just like stocks. They are also granted special tax considerations. REITs offer several benefits over actually owning properties. First, they are highly liquid, unlike traditional real estate. Second, REITs enable sharing in non-residential properties as well, such as hotels, malls, and other commercial or industrial properties. Third, there's no minimum investment with REITs. REITs do not necessarily increase and decrease in value along with the broader market. However, they pay yields in the form of dividends no matter how the shares perform. REITs can be valued based upon fundamental measures, similar to the valuation of stocks, but different numbers tend to be important for REITs than for stocks.
 
There are three principal types of REITs:
  • Equity REITs—Invest in and own properties (thus responsible for the equity or value of their ​
  • Mortgage REITs—Deal in investment and ownership of property mortgages.  These REITs loan money for mortgages to owners of real estate, or purchase existing mortgages or mortgage-backed securities.  Their revenues are generated primarily by the interest that they earn on the mortgage loans.
  • Hybrid REITs—combine the investment strategies of equity REITs and mortgage REITs by investing in both properties and mortgages. 
The two (2) Real Estate Investments Trusts currently listed on the Daily Official List of The Nigerian Stock Exchange are:
  • Union Homes REITS; and
  • Skye Shelter Fund

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