Nigeria’s stock market is off to a flying start this year, with total transactions hitting an all-time high of N2.7 trillion between January and April 2025. This is the highest recorded in the first four months of any year in the country’s history.
The Nigerian Exchange (NGX) confirmed the numbers in a new report released over the weekend, showing a strong boost in investor confidence and growing interest from both local and foreign players.
Analysts say the record-breaking figure was driven by renewed interest in blue-chip stocks, better performance from the banking and telecom sectors, and improved political stability after the 2023 elections.
“This surge in market activity is a positive sign for Nigeria’s economy,” said Ifeoma Olaniyi, a Lagos-based investment analyst. “More people are seeing the stock market as a real opportunity to grow wealth.”
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Foreign investment also played a key role, especially after the Central Bank introduced new forex reforms and improved ease of capital repatriation. Many international investors who had previously stayed on the sidelines are now gradually returning to the market.
The NGX says it expects momentum to continue, especially if inflation slows and interest rates become more favorable in the coming months.
For everyday Nigerians, this growth could mean more investment opportunities, job creation in the finance sector, and greater confidence in the local economy.
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