The Nigerian stock market ended the first half of 2026 as Africa's best performer, returning about 59.5% in dollars despite a June sell-off.
NIGERIA · MARKETS
Key Facts
—Best in Africa: The Nigerian Exchange returned about 59.5 percent in dollars in the year to late June, the highest of 17 African markets tracked, ahead of Ghana’s 57.7 percent (Businessday).
—Record value: Listed equities rose from 99.94 trillion naira in January to 146.56 trillion on 30 June, a six-month gain of 46.6 trillion naira (Tribune).
—Index surge: The All-Share Index climbed 45.95 percent in naira terms, from 156,492 to 228,401 points.
Nigeria remains Africa's top-performing stock market despite N9.8trn sell-off - Businessday NG
AFRICA FINANCE IN BRIEF: Africa's markets end first half on a strong footing - Businessday NG
Stock market: Investors lose N13.3trn in June amid profit-taking
Stock market rebounds, investors gain N653bn
The ranking marks a remarkable turnaround for a market that only a year ago was struggling with currency volatility and weak…
As June draws to a close and Africa enters the second half of 2026, the continent's financial markets are ending the first six…
Nigeria has emerged as Africa's second-largest stock market in 2026, overtaking Morocco after almost a two-year rally that has…
The Nigerian stock market experienced an extraordinary bull run over the first five months of 2026, with total market…
Three years ago, the market capitalization of the NGX was N30 trillion. As of May 2026, it has grown to N160 trillion,…
The Nigerian equities market continued its positive run, gaining 1.06% as renewed buying interest drove capital appreciation.…
