Nigeria’s equities market closed the primary quarter of 2026 on a robust observe, with buyers raking in over N29 trillion in good points, buoyed by ongoing {economic} reforms and rising market confidence.
Information from the Nigerian Trade Restricted reveals that whole market capitalisation surged to N129.2 trillion by the tip of March, up considerably from N99.4 trillion originally of January.
In the identical interval, the NGX All Share Index climbed 29.4%, closing at 201,287 factors from 155,613 factors. The index has constantly remained above the important thing 200,000 mark since March, signaling robust investor confidence and a resilient upward development supported by regular liquidity inflows and institutional participation.
A month-by-month breakdown highlights the size of good points: buyers recorded N6.77 trillion in January, N17.61 trillion in February, and N5.45 trillion in March, regardless of some volatility and profit-taking throughout the interval.
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March buying and selling mirrored a typically constructive sentiment, with strong-performing firms persevering with to draw investor curiosity and maintain the market’s upward trajectory.
Globally, rising oil costs additionally performed a supportive function, with Brent crude climbing above $117 per barrel amid Center East tensions—boosting Nigeria’s overseas alternate outlook, although inflation issues persist.
Within the newest buying and selling session, good points in stocks like MTN Nigeria and PZ Cussons Nigeria lifted the market, pushing the benchmark index up by 0.40%, alongside an analogous enhance in market capitalisation.
Buying and selling exercise remained sturdy, with the whole worth of transactions rising by 38.65% to N35.56 billion, whereas quantity traded jumped 49.63% to 887.68 million models—additional underscoring robust investor participation.
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