Nigerian Stock Market Surges 6.95% Ending 20 February 2026

In the week ending 20 February 2026, the Nigerian stock market experienced a notable increase, with the Nigerian share index rising by 6.95% to close at 194,989.77, gaining 12,676.69 points. This surge was supported by robust trading activity, with 7.6 billion shares exchanged across 345,118 deals, compared to 4.6 billion shares the previous week.

The market capitalization advanced to N125.2 trillion from N117.02 trillion the prior week, indicating a broad-based upward movement in share prices. A total of 71 equities appreciated during the week, while 41 declined, and 27 stocks closed unchanged.

The NGX Premium Index rose by 9.19%, driven by gains from First Holdco (12.15%), Lafarge (11.41%), Dangote Cement (10.13%), MTN Nigeria (10.03%), Seplat (8.33%), Zenith Bank (6.27%), Access Hold (4.44%), and UBA (1.45%). The NGX 30 Index rose by 6.96%, reflecting strength across major market segments, particularly in the industrial goods sector.