Nigerian Exchange FX Market Turnover Hits $3.37 Billion
During the trading week ending October 9, 2026, the Nigerian Exchange experienced a 98% surge in FX market turnover, reaching $3.37 billion. Investors traded 2.715 billion shares worth N158.280 billion in 209,986 deals.
The Financial Services Industry dominated trading, accounting for 73.84% of total equity turnover volume with 2.005 billion shares valued at N82.924 billion. The benchmark NGX All-Share Index and market capitalisation both fell by 0.97%, closing at 248,363.55 and N161.260 trillion, respectively.
Livestock Feeds Plc was the top gainer, increasing by 47.75%, while Critical Minerals Financing Corp Plc led the decliners with a 20.27% drop. Significant corporate actions included the Federal Government of Nigeria listing its September 2026 FGN Savings Bonds on October 7, 2026, and Guinea Insurance Plc expanding its equity structure.
The suspension on Multi-Trex Integrated Foods Plc was lifted, and Sterling Financial Holdings Company Plc completed a share capital reconstruction.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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