The Nigerian equities market staged a significant recovery, with the top 10 listed companies collectively adding N27 trillion in market capitalization as of June 2026.
This surge in valuation marks a decisive shift in sentiment, reversing a period of consecutive declines that had weighed on the broader index earlier in the week.
52 trillion in value during the initial recovery sessions, with momentum continuing to build as traders returned to the market.
The rebound was broad-based, driven by renewed investor appetite for local equities.
Market data indicates that the rally added N1.52 trillion in value during the initial recovery sessions, with momentum continuing to build as traders returned to the market.
The breadth of the move suggests that buying interest is not confined to a single sector but is spreading across major constituents.
This development follows a period of volatility, with the market having staged a sharp recovery at the start of the week after several sessions of losses.