NGX Reaches N164.91 Trillion Market Cap on October 27

On October 27, 2026, the Nigerian Exchange (NGX) marked a significant milestone as its total equities market capitalization reached a record high of N164.91 trillion, increasing by N1.75 trillion from N163.16 trillion on October 26. The benchmark All-Share Index (ASI) closed at an all-time peak of 253,990.06 points, reflecting a single-day gain of 2,699.52 points (1.07%) from the previous day's close of 251,290.54 points.

Trading activity was robust, with a total market turnover of 5.23 billion shares exchanged across 35,882 deals. The NGX Industrial Index also saw a sharp increase, rising from 10,258.94 points on October 21 to 11,834.55 points on October 27.

A key contributor to this rally was Dangote Cement Plc, which holds a market valuation of N22.64 trillion and surged by 9.80% to close at N1,341.90 per share. This performance helped elevate the NGX Premium Index from 30,330.55 points to 33,313.06 points over the five-day period.