The market capitalisation of the Nigerian Exchange (NGX) Limited hit a historic milestone on Monday, January 5, reaching N101.80 trillion, driven by strong investor confidence, and continued gains in equity values.
Data obtained from the NGX showed that the bourse closed the day with a market capitalisation of N101.80 trillion, reflecting strong investor confidence and continued gains in equity values.
The surge to N101.80 trillion follows sustained positive trading in recent sessions, with investors actively participating across key sectors of the Nigerian stock market.
As of the first trading day of the year, Friday, January 2, the market capitalisation stood at approximately N99.94 trillion, up from N99.38 trillion at the close of 2025.
The All-Share Index (ASI) also advanced, closing at 156,492.36 points.
This positive momentum builds on a strong 2025 performance, during which the NGX delivered over 51% year-on-year gains, supported by banking sector recapitalisation, improved macroeconomic indicators, and increased domestic investor participation.
Crossing the psychological N100 trillion threshold underscores growing market optimism and potential for further capital inflows.
The rise in capitalisation reflects increased trading activity and improved market sentiment at the start of the year, as the NGX bourse builds on gains recorded in late 2025.
Commenting on the milestone, Temi Popoola, group managing director and Chief Executive Officer (CEO) of NGX, said the development reflects growing confidence in the Nigerian capital market.
Popoola said, “The equities market capitalisation crossing the ₦100 trillion mark is a defining milestone for Nigeria’s capital market and a clear signal of renewed investor confidence as the year begins.”
“It reflects the market’s growing depth, resilience, and ability to respond positively to improving macroeconomic conditions and structural reforms.”
He added that sustained collaboration between market stakeholders, and regulators has helped strengthen market credibility.
“Over the past two years, closer alignment between market operators, policymakers, and the Securities and Exchange Commission (SEC) has enhanced transparency, liquidity, and investor protection, reinforcing the Exchange’s role in mobilising long-term capital for economic growth,” he said.
According to the statement, total volume traded rose by 58.13 percent to 695.64 million shares, while the value of transactions declined by 25.57 percent to N18.57 billion across 56,606 deals.
The exchange added that year-to-date equities turnover increased to N43.52 billion.
“To open the week, Zenith Bank led trading by value at ₦3.51 billion, followed by WAPCO with ₦2.56 billion and Aradel Holdings at ₦1.57 billion, while Access Holdings and GTCO also featured among the most actively traded stocks,” the statement said.
The NGX said fixed income market capitalisation remained unchanged at N51.48 trillion, while the Exchange-Traded Funds (ETF) segment recorded growth, with market capitalisation rising to N50.45 billion, underscoring increasing investor interest across asset classes.
Comments