Nigerian Stock Market Opens 2026 Strong, Hits N100 Trillion Market Cap Milestone

The Nigerian stock market kicked off 2026 on a positive note, reaching a market capitalization milestone of N100 trillion. The NGX share index rose by 0.57% to close at 156,492.40 points.

Market analysts from Meristem Securities anticipate a promising year supported by ongoing reforms and positive investor sentiment following a successful 2025. NGX Group CEO, Temi Popoola, emphasizes the exchange's commitment to market development and Nigeria's position as Africa's preferred exchange hub.