Nigerian Stock Market Ends 2025 on Positive Note with Billionaire's Power Sector Deal

The Nigerian stock market ended the last Monday of 2025 on a positive note, with the benchmark share index ASI rising by 0.55 points to 154,389.53. Investors gained N541.73 billion, pushing the total market capitalization to N98.43 trillion.

In a significant transaction, Nigerian billionaire Femi Otedola sold his control stake in Geregu Power PLC for N1.088 trillion to a financial consortium led by Zenith Bank PLC. MA Energy Ltd, an Abuja-based integrated energy company, acquired a 95% equity interest in Amperion Power Distribution Company Ltd, resulting in a change in ownership of Geregu Power.