July 23, 2025 – The Nigerian Exchange (NGX) witnessed a significant surge in equity market activities, with total transactions hitting N4.19 trillion in the first half of 2025, ending June 30. This marks a substantial 61 percent increase compared to N2.60 trillion recorded during the same period in 2024.
The upswing in market activity is largely attributed to growing investor confidence in Nigeria’s economic reforms and stable monetary policies. Analysts believe that policy clarity from fiscal authorities, increased foreign participation, and improved corporate earnings have driven the bullish momentum.
According to data released by the NGX, domestic institutional investors and foreign portfolio managers contributed notably to the rise in transaction volume, reflecting improved sentiment towards the local market. The surge also follows the listing of major corporate deals, banking sector consolidation, and positive developments in fintech and energy stocks.
Market watchers observed that the Nigerian bourse has continued to attract both long-term and speculative capital, especially as the Central Bank maintains a tight monetary stance to curb inflation while supporting currency stability.
Analysts forecast that the second half of the year could maintain the current trajectory if economic fundamentals remain strong, reforms stay consistent, and inflation keeps moderating. With sustained confidence and liquidity, the NGX is expected to play a pivotal role in financing private sector growth through capital market instruments.