Nigerian Stock Market Hits N149.7tn on NGX with Increased Investor Confidence

The Nigerian stock market on the NGX has reached a total value of N149.7tn, showcasing a significant increase from N109.27tn in 2024. This growth is attributed to improved macroeconomic stability, increased investor confidence, and ongoing reforms.

Equities remain the dominant driver, accounting for 66.2% of the total market value, followed by debt instruments and ETFs. The market has seen remarkable expansion, with foreign exchange reforms attracting foreign portfolio investments.

The Central Bank of Nigeria and the federal government's efforts have also contributed to the market's resilience and growth.