Nigerian Stock Market Surges N26.01 Trillion in Eight Months, Eyes N100 Trillion Mark
The Nigerian stock market has gained an impressive N26.01 trillion in eight months, reaching a market capitalization of N100 trillion by 2025. This growth is attributed to renewed investor confidence, policy reforms, and corporate resilience.
The Nigerian Exchange Limited Index (NGX ASI) closed with significant gains, reflecting optimism for economic recovery. Factors such as FX stability, foreign exchange market stability, and increased domestic investor participation have contributed to this market rally.
Analysts predict further growth due to ongoing reforms in the banking and insurance sectors.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
FX Stability and Capital Inflows Drive N26trn Gain in Nigerian Stock Market
Nigerian Stock Market Surges ₦1.81 Trillion on CBN Reforms; Investors Optimistic
Nigerian Stock Market Surges N822bn Amid Positive H1 Results
Stock Market Records N2.84trn Increase in One Week on Positive Momentum
Nigerian Exchange Market Cap Hits N140.6tn with Equities Leading
Nigerian Stock Market Hits N90trn Market Cap, Gains Investor Confidence
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
