NGX Market Capitalisation Hits N226.38 Trillion in 2026

As of October 30, 2026, the overall market capitalisation of listed securities on the Nigerian Exchange Limited (NGX) rose to a record N226.38 trillion, an increase of N76.64 trillion or 51.2 per cent from N149.74 trillion at the end of 2025. This growth was attributed to heightened government and corporate activities, with the equities segment accounting for approximately 72.9 per cent of the total market capitalisation.

The equities market capitalisation alone increased to N165.114 trillion, up 66.5 per cent from N99.18 trillion in 2025. The bond market capitalisation also saw an 18.6 per cent rise, reaching N50.51 trillion.

Factors contributing to this growth included the Central Bank of Nigeria's foreign exchange reforms, the removal of the petrol subsidy, and strong corporate earnings. Additionally, easing inflation and a reduction in the Monetary Policy Rate to 23 per cent supported the market's performance.