Nigerian Equity Market Surges with N33.32trn Y-o-Y Growth

The Nigerian equity market witnessed significant growth in September 2025, with a year-on-year increase of N33.32 trillion. This performance was driven by heightened trading activities and sectoral leadership, particularly in the financial services group.

The Nigerian Exchange (NGX) market capitalization surged to N30 trillion by September 30, 2025, marking a 20% increase from the previous year. The NGX All-Share Index (ASI) also rose by points, indicating a percent rise from September 2024.

Notably, the financial services sector led market activities, followed closely by the oil and gas sector and service conglomerates. The healthcare sector also showed strong performance.

Overall, September 2025 demonstrated a substantial uptick in market activity compared to the same period in 2024.