Nigerian Exchange Surpasses 190,000 Points for First Time

The Nigerian Exchange achieved a historic milestone by crossing the 190,000 mark for the first time, closing at 190,262.44, marking its strongest daily performance in 2026 with a gain of 7,900 points. The market capitalization rose to ₦122.1 trillion from ₦117.02 trillion recorded on Friday.

This rally was supported by strong trading activity, with 1.07 billion shares exchanged across 64,821 deals. Five stocks, including Aradel Holdings, Zenith Bank, Access Bank, MTN, and Dangote Cement, hit the 10% daily gain limit.

The market momentum remains bullish, with a year-to-date return of 22.27%. Aradel Holdings led the trading value with ₦11.02 billion, followed by MTN at ₦7.5 billion and Zenith Bank at ₦5.9 billion.

The market has recorded eleven consecutive sessions of gains, reflecting a broad-based rally driven by strong buying interest in select stocks.