The equities market segment of the Nigerian Exchange Limited (NGX) appreciated by N7.25 trillion in October 2025 over renewed investors’ confidence.
As gathered by WESTERNPOST, market capitalisation in October 2025 gained N7.25trillion or eight per cent from N90.580 trillion it closed for trading in September 2025 to N97.829 trillion in October 2025,
Consequently, the NGX All-Share Index advanced by 11,415.98 basis points or nearly eight per cent to 154,126.46 basis points from 142,710.48 basis points the major NGX index closed for trading in September 2025.
In October 2025, the equities market crossed the 150,000 basis points mark historic record amid slowdown in inflation figures, appreciation of the Naira at the foreign exchange market, the Central Bank of Nigeria (CBN) cut down on interest rate to 27 per cent and impressive nine months ended September 2025 result and accounts posted on the bourse.
Speaking on the development, Group Managing Director/Chief Executive Officer, NGX Group, Mr. Temi Popoola described the milestone as a reflection of growing investor confidence and the Exchange’s strategic focus on deepening market participation.
“Crossing the 151,000-point threshold is a testament to the strength and adaptability of our market. It demonstrates how local and international investors continue to see value in Nigerian equities despite global headwinds,” said Popoola. “At NGX Group, we are committed to driving innovation, transparency, and market expansion to sustain this growth trajectory. This milestone reinforces our belief that the Nigerian capital market remains a critical enabler of economic transformation.”
Also commenting, Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka noted that the Exchange remains focused on enhancing liquidity and broadening access for diverse investor classes.
“This new high is a clear signal that our market reforms and engagement strategies are yielding results. We have continued to see increased participation from both institutional and retail investors, reflecting trust in our market infrastructure and governance,” Chiemeka stated. “Going forward, we will sustain efforts to introduce new asset classes, strengthen our technology backbone, and promote an inclusive market that supports Nigeria’s growth aspirations.”
Market watchers believe this performance positions the NGX as one of Africa’s top-performing exchanges in 2025, driven by strong earnings releases and renewed investor appetite for equities. The milestone also reflects the positive impact of NGX’s ongoing initiatives to enhance market depth, attract listings, and promote financial inclusion.
So far in 2025, the stock market has seen Monetary Policy Committee of the CBN reducing Monetary Policy Rate to 27 per cent, marking the first cut since the COVID-19 pandemic in 2020; inflation rate moving to 18.02 per cent as of September 2025; companies announcing impressive corporate earnings.
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