Equity investors on the Nigerian Exchange (NGX) exchanged 7.66 billion shares worth N252.56 billion in 345,118 deals between February 16 and 20, 2026, according to the latest weekly market report. This represents a 30.64% increase from the previous week, when 4.65 billion shares valued at N193.32 billion changed hands.
The surge in trading activity also pushed the NGX’s market capitalization to N125.16 trillion, up from N117 trillion the week before. The all-share index (ASI) rose 6.95%, moving from 182,313.08 to 194,989.77, signaling renewed investor confidence in the Nigerian equities market.
The financial services industry dominated trading by volume, accounting for 5.62 billion shares worth N113.59 billion in 129,729 deals. The services sector followed with 493.13 million shares valued at N5.86 billion, while the oil and gas sector traded 425.65 million shares worth N35.74 billion. Together, these sectors highlighted where investors are most active and optimistic.
FCMB Group Plc, Access Holdings Plc, and Zenith Bank Plc were the top three traded equities, representing 3.59 billion shares valued at N69.14 billion in 33,802 deals. These companies alone accounted for nearly half of the total equity turnover volume and more than a quarter of its value, emphasizing their role as market leaders.
Among the top gainers, Zichis Agro Allied Industries Plc led the week with a price increase from N10.80 to N17.36 per share. Other notable performers included Japaul Gold and Ventures Plc, Infinity Trust Mortgage Bank Plc, Fortis Global Insurance Plc, and Jaiz Bank Plc, reflecting targeted growth across multiple sectors.
source: The cable