Trading on Nigerian Exchange Limited (NGX), the operating exchange of Nigerian Exchange Group Plc, closed December 31, 2025 with Nigeria’s capital market ranking among the strongest-performing globally.
The record rally capped a year in which improving macroeconomic conditions and sustained market reforms combined to drive valuations, liquidity and investor participation.
By the end of the year, the NGX All-Share Index had risen 51.19 percent to 155,613 points, up from 102,926 at the start of 2025. Total equity market capitalisation expanded by more than N36.6trillion, reaching N99.38trillion, one of the largest absolute increases recorded across global equity markets during the year.