MENU

Finance
September 24, 2026

Nigerian Stocks Hit Record High as Market Capitalisation Reaches ₦163tn

Nigeria’s equities market has reached a new record high, with the All-Share Index rising to 251,191.02 points and total market capitalisation expanding to ₦163.06 trillion.

The development was reported on Thursday, September 24, 2026, as investor activity continued to push the Nigerian Exchange higher. 

The rise in market value reflects increased activity in listed Nigerian companies and growing investor participation in the local capital market. The equities market has remained a key avenue for companies seeking to raise long-term capital while providing investors with opportunities to participate in corporate growth.

The record comes at a significant period for Nigeria’s financial markets, with several companies accessing the capital market through public offers, rights issues and other fundraising activities. The Nigerian Exchange has also been working to broaden access to investment products and make participation easier for retail investors.

Market performance is influenced by several factors, including corporate earnings, interest rates, liquidity, investor sentiment and broader economic conditions. The recent adjustment of the Central Bank of Nigeria’s benchmark interest rate has also increased attention on the relationship between monetary policy, borrowing costs and investment activity.

With the market now at a new high, investors and analysts will be watching whether the momentum can be sustained and how listed companies perform in the months ahead.

Recommended for you