In a remarkable show of market confidence, retail investors have propelled the Nigerian stock market to an all-time high, with total trade volume surging to N1.19 trillion. This unprecedented spike in activity marks a significant milestone for the Nigerian Exchange (NGX), underscoring the growing influence of individual investors in shaping market dynamics.
Analysts attribute the bullish trend to increased financial literacy, digital trading accessibility, and renewed optimism in select blue-chip and growth stocks. The surge not only signals deepening retail participation but also reaffirms investor faith in the resilience of the Nigerian economy amid ongoing reforms.
Domestic retail investors have traded N1.19 trillion worth of Nigerian stocks so far in 2025 (January – May), compared to N885 billion in the comparable period of 2024, according to data from the NGX.
A higher-than-usual level of retail investor participation is driving flows toward lower priced small-and mid-cap names, said Samson Esemuede, chief investment officer of Lagos-based Zrosk Investment Management.
Nigerian stocks advanced to a record high as the NGX All Share Index rose for a ninth straight day backed by an improving economic outlook.
The NGX all-share index increased 0.43% on Monday, extending its longest set of consecutive daily gains since March 2024. Total market capitalisation of equities listed on the NGX stands at N78.38 trillion or $51.3 billion.
Trading value advanced by +5.42% to N32.05bn, driven by significant trades in SEPLAT, which topped the value chart with N5.38bn worth of deals
The gains took NGX returns in local-currency to 27% in the last 52 weeks — double the rise in the MSCI Emerging Markets Europe, Middle East and Africa Index in the same period.
Small cap stocks have led the market rally in Nigerian equities year-to-date, with packaging firm Beta Glass up 414% this year.
Champion Breweries and FTN Cocoa Processors have jumped 258% and 328% in that time.
Hi Neat post There is a problem along with your website in internet explorer would test this IE still is the market chief and a good section of other folks will pass over your magnificent writing due to this problem
Hi my loved one I wish to say that this post is amazing nice written and include approximately all vital infos Id like to peer more posts like this