Speaking on this, Mr Temi Popoola, Group Managing Director of the Nigerian Exchange Group (NGX Group), said, “The Nigerian capital market in 2025 demonstrated resilience in spite of domestic and global economic headwinds.
“This performance underscores the importance of policy consistency, purposeful reforms, and strategic collaboration in strengthening investor confidence and sustaining market growth.
“During the year, efforts to advance economic reforms and improve market structures helped support a stable environment for capital formation, while our continued investment in technology played a critical role in expanding access, enhancing transparency, and improving operational efficiency across the market.
“As we look ahead to 2026, NGX Group remains focused on deepening partnerships with regulators, issuers, market operators, policymakers, and the wider financial ecosystem to sustain this momentum.
“We are optimistic about the opportunities ahead and committed to positioning the Nigerian capital market as a key driver of economic growth and wealth creation, while advancing NGX Group’s vision as Africa’s preferred exchange hub.”
Also, Vice President of Highcap Securities Ltd., Mr David Adonri, said the Nigerian stock market was on track to rank among the top three performing markets globally in 2025, citing the scale and breadth of gains recorded during the year.
Adonri noted that by the close of trading, the NGX All-Share Index had appreciated by more than 50.7 per cent, a development he described as extraordinary for the secondary market.
Beyond equities, he said the primary market also recorded remarkable achievements, raising over N10 trillion for both the public and private sectors to support economic activities.
According to him, the year marked a period when all segments of the capital market performed strongly, a phase widely referred to by operators as the “Tinubu boom”
“The boom is still raging and has sustained its momentum. All sectors of the market fired on all cylinders,” Adonri said.
He identified consumer goods, telecommunications and agriculture as some of the major drivers of the rally.
He highlighted the meteoric rise in stocks such as Okomu and Presco Plc, which significantly boosted sectoral performance.
Adonri also disclosed that the capital market raised nearly N800 billion through commercial papers for corporate enterprises during the year.
He said this underscored the depth of short- and long-term capital formation in 2025.
Adonri described the year as one of the most spectacular in the history of the Nigerian capital market, marked by strong activity in both equity trading and capital raising. (NAN)(www.nannews.ng)
Edited by Olawunmi Ashafa