The Nigeria’s equities market recorded a historic performance in 2025 as total transactions rose sharply to N11.92 trillion, driven by a resurgence in foreign portfolio participation and sustained dominance by domestic investors.
According to the Domestic & Foreign Portfolio Participation in Equity Trading Summary of Transactions as of 31 December 2025, released by the Nigerian Exchange Limited on Thursday, market activity more than doubled from N5.59trillion in 2024 to N11.92trillion in 2025, reflecting a year-on-year growth of 113.39 per cent.
Domestic investors remained the backbone of market activity throughout the year, accounting for 77.79 per cent of total transactions with trades valued at N9.27trillion. Foreign investors contributed the remaining 22.21 per cent, equivalent to N2.65trillion, signalling a notable recovery in offshore participation after years of cautious positioning.
On a monthly basis, market momentum accelerated strongly toward year-end. Total transactions increased by 42.13 per cent from N971.18billion in November 2025 to N1.38trillion in December 2025. Compared with December 2024, when transactions stood at N673.67bn, market activity expanded by 104.91 per cent, underscoring the strength of the 2025 rally.
