In September 2025, stock market investors in Nigeria gained N1.811 trillion, driven by increased confidence due to the Central Bank of Nigeria’s monetary reforms, including a reduction in the Monetary Policy Rate from 27.5% to 27%. This encouraged investors to shift from fixed-income assets to equities.
The Nigerian Exchange Limited (NGX) saw its market capitalization rise from N88.769 trillion to N90.580 trillion, while the NGX All Share Index increased by 1.7%, moving from 140,295.50 to 142,710.48 points. The market’s positive performance was fueled by renewed interest in large-cap stocks, with strong buying in companies like ARADEL (up 9.82%), Fidelity Bank (up 5.26%), Nigerian Breweries (up 2.38%), and Transcorp (up 8.48%).
Despite more stocks declining (31) than gaining (28), the market closed positively on Tuesday, with a 0.23% gain in the NGX ASI and a N445.2 billion increase in market capitalization. Analysts noted that the market’s recovery may continue cautiously, influenced by domestic factors like inflation and exchange rate volatility, as well as global factors such as crude oil prices and international investor sentiment.
