Nigerian Exchange Gains N297 Billion Amid Strong Trading

On September 23, 2026, the Nigerian Exchange reported a growth of N297 billion, with the market capitalization of listed equities increasing by 0.18 percent to N162.682 trillion from N162.385 trillion the previous day. The NGX All Share Index rose by 457.86 basis points, reaching 250614.56 points from 250156.80 points.

Trading volume surged by 193.06 million shares, a 33.62 percent increase, totaling 767.250 million shares compared to 574.19 million the previous day. The value of transactions also rose by 20.33 percent, closing at N45.80 billion.

The market breadth was positive, with 36 advancers and 26 decliners, contributing to a year-to-date return of 60.95 percent. Sovereign Trust Insurance (NGX: SOVRENINS) led the gainers with a 9.95 percent increase to N2.21 per unit, followed by CMFC (NGX: CMFC) with a 9.82 percent rise to N2.46 per share.

Conversely, Multiverse topped the losers, dropping by 9.86 percent to N19.20 per unit. Fidelity Bank (NGX: FIDELITYBK) led market activities with 165.433 million shares valued at N3.292 billion.