Nigeria’s stock market gains 4.6 trillion naira in a week
By the AFREEQUE newsroom, based on Business Day Nigeria
Investors on Nigeria’s stock exchange gained 4.6 trillion naira in the week to 30 October, while market capitalisation rose 2.86% to 165.114 trillion naira. The main index closed at 254,299.49 points, driven in part by Dangote Cement, according to Business Day Nigeria.
Investors on the Nigerian Exchange Limited (NGX), Nigeria’s stock exchange, gained 4.6 trillion naira in the week ending Friday 30 October 2026. Total market capitalisation rose 2.86% to 165.114 trillion naira, according to Business Day Nigeria.
The NGX All-Share Index also rose 2.86% over the week, closing at 254,299.49 points. Its year-to-date performance now stands at 63.42%. Share prices rose for 33 companies, compared with 20 the previous week, while 48 fell and 65 remained unchanged, the Nigerian news outlet reported.
The increase was driven in particular by Dangote Cement, whose share price jumped 27.81%, Access Holdings (+7.92%), MTN Nigeria (+3.03%) and Aradel Holdings (+2.48%). Trading reached 7.619 billion shares, worth 637.826 billion naira, across 192,138 transactions. Financial stocks accounted for 91.75% of trading volume and 89.91% of its value.
The rise follows a 206 billion naira loss recorded by Nigeria’s stock exchange, followed by a gain of 1.75 trillion naira announced on 27 October.
