Nigerian Equity Market Turnover Hits Historic N10 Trillion in 2025

The Nigerian equity market has experienced a significant surge in turnover, reaching nearly N10 trillion in the first ten months of 2025. This unprecedented growth, described as the highest in two decades, is attributed to renewed investor confidence, both domestic and foreign.

Key sectors such as banking, telecommunications (MTN Nigeria, Airtel Africa), oil and gas, and construction have contributed significantly to the market rally. Foreign portfolio investors (FPIs) have shown increased interest, with a 21.2% market share, signaling a positive outlook on Nigerian assets.

Domestic investors, particularly retail investors, have also played a crucial role in driving market activity.