Nigerian Stock Market Gains Momentum, Key Sectors Drive Growth

The Nigerian stock market continued its positive trend, closing on a firmer note with gains on October 2, 2025. The All-Share Index (ASI) advanced, and market capitalization increased to over ₦ trillion, adding ₦171 billion in value.

The market saw 34 gainers and 26 losers, reflecting strong buying interest in consumer goods, oil & gas, and select financial stocks. Leading gainers included PZ Cussons, Eterna (NGX: ETERNA), and Champion Breweries (NGX: CHAMPION), driven by investor appetite in these sectors.

Notable declines were seen in insurance and industrial stocks. The market's resilience continues to attract portfolio repositioning, with a focus on key sectors showing positive momentum.