The Nigerian Exchange (NGX) Limited recorded a major milestone on Monday as its market capitalisation crossed the ₦100 trillion mark for the first time.
Data obtained from the NGX showed that total market capitalisation closed at ₦101.80 trillion, reflecting sustained investor confidence and strong performance across key sectors of the market.
The historic surge underscores the growing depth of Nigeria’s capital market, driven by increased participation from both domestic and foreign investors, as well as price appreciation in several large-capitalisation stocks.
Source: Vanguard