Sehinde Adenagbe is the chairman of the Association of Securities Dealing Houses of Nigeria (ASHON). He speaks on the market’s current state, its resilience, the drivers of NGX’s historic gains, as well as the reforms shaping its future. He noted that despite short-term volatility, the market has remained resilient, with improving liquidity, modest growth in listed-company earnings, and steady participation from domestic and foreign investors, writes Iheanyi Nwachukwu. Excerpts
How did you see the NGX performance in 2025?
In 2025, the Nigerian Exchange Limited (NGX) delivered exceptionally strong performance, ending the year among the world’s best-performing emerging and frontier markets. The NGX All-Share Index (ASI) surged 51.19 percent year-to-date, closing at an all-time high of 155,613.03 points, its strongest annual return in nearly two decades.