The Initiates Plc share price (NGX: TIP)
TIP key statistics
About The Initiates Plc
WASTE MANAGEMENT.
The Initiates Plc (ticker TIP) is listed on the Growth Board of the Nigerian Exchange (NGX) in the services sector, sub-sector waste management.
At ₦25.95 a share it is valued at about ₦51.90 billion (roughly $38.33 million at the official rate), the 72nd largest of 146 NGX-listed companies by market value and 6th of 20 in its sector. It makes up 0.03% of the value of all NGX equities we track.
On 13 Nov 2026 1,904,193 shares changed hands in 530 deals worth ₦48.08 million, and the price was unchanged against the previous close of ₦25.95.
A holding of 1,000 TIP shares is worth about ₦25,950.00, or $19.17 at the official CBN rate ($18.05 at the street rate).
Over the past 52 weeks TIP has traded between ₦10.00 and ₦42.30; today's price is 38.7% below the high and 159.5% above the low.
The Initiates has been listed on the exchange since 25 Oct 2016 and was incorporated on 3 Mar 1995.
TIP price history
We record a closing price every trading day; the chart appears once there are two closes.
| Date | Close ₦ | Volume |
|---|---|---|
| 2026-11-13 | 25.95 | 1.64M |
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Frequently asked questions
What is the TIP share price today?
TIP (The Initiates Plc) last traded at ₦25.95 on the Nigerian Exchange on 13 Nov 2026, 0.00% on the previous close of ₦25.95. Prices on this page are delayed and come from the NGX's own market statistics.
What is The Initiates Plc's market capitalisation?
About ₦51.90 billion (≈ $38.33 million at the official exchange rate), based on 2.00 billion shares outstanding and the latest price.
Does TIP pay a dividend?
The NGX company directory shows no current dividend for TIP. Companies announce dividends with their results; check the latest corporate disclosures on the NGX website.
What is the 52-week high and low of TIP?
TIP's 52-week range on the NGX is ₦10.00 to ₦42.30, with the high set on 12 May 2026.
How can I buy TIP shares?
Open an account with a stockbroker licensed by the Securities and Exchange Commission (SEC) Nigeria; they will set up your CSCS account. Many brokers now offer app-based accounts, and some accept diaspora investors. Place a buy order for TIP through the broker, who executes it on the NGX. Expect brokerage commission and regulatory fees on each trade.
How much is TIP in dollars?
At the official CBN rate of ₦1,353.97 per dollar, one TIP share (₦25.95) is worth about $0.0192, or $0.0181 at the street rate of ₦1,437.50.
Source: Nigerian Exchange Group public market statistics and company directory. Delayed. Prices are last traded or previous close when a stock has not traded today.