Lagos, Nigeria | Tuesday, September 16, 2025
The Nigerian Exchange (NGX) closed strongly on Monday, with equities gaining ₦705 billion in market value as investors reacted positively to the latest inflation data, which showed a slowdown in price increases.
According to market reports, the All-Share Index climbed on the back of heightened demand for bellwether stocks, particularly BUA Foods Plc and Guaranty Trust Holding Company Plc (GTCO), which drove the surge. Analysts said the easing of headline inflation to 20.12% in August 2025, from 21.88% in July, renewed investor confidence in the equities market.
Market experts noted that the moderation in inflation suggests a possible easing of monetary tightening in the medium term, creating optimism for stronger corporate earnings and improved liquidity conditions. “The slowdown, though modest, signals that the worst of inflationary pressures may be abating, which is good news for both businesses and investors,” one analyst observed.
Trading activity was also buoyed by portfolio rebalancing, with investors taking positions in consumer goods, banking, and industrial stocks ahead of third-quarter earnings releases.
Despite the upbeat mood, analysts cautioned that risks remain, including global oil price volatility and domestic currency pressures, which could influence investor sentiment in the coming weeks.
