Em, Tman, you could look up the latest price list of stocks. Identify the cheapest and pick out the most suitable for you :P
Ok, just kidding, but really.... by penny stocks, do you mean under N5.00?
If so, you could scour the few insurance stocks left in this range or the second tier securities. (I doubt their liquidity though)
Whats your objective?
Buy and hold or trading?
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