Nigeria's Stock Market Transactions Double to N9.57 Trillion in 10 Months

Nigeria's stock market witnessed a significant boost in transactions, reaching N9.57 trillion in the first 10 months of 2025, more than doubling from the previous year. The surge was fueled by heightened interest from pension fund administrators, high net worth investors, and a steady rise in retail participation.

Domestic investors dominated the market, accounting for N7.54 trillion of the total transactions. Foreign portfolio investors also increased their market share.

David Adonri, Vice Chairman of Highcap Securities Limited, noted the positive trend, indicating growing confidence among local investors. The report also highlighted a substantial increase in capital flows, with foreign inflows rising sharply.