Nigerian equities rally 2.15% as market capitalization breaches N150 trillion

The benchmark index surged to start the week, adding N3.17 trillion in value. The broad-based recovery signals renewed investor confidence in the Nigerian market.

By Handelsavisen Newsroom 2026-07-07 07:32 UTC Read on handelsavisen.no →

The Nigerian equities market opened the week with a decisive rally, with the benchmark index climbing 2.15%.

The sharp advance added N3.168 trillion to the total market capitalization, pushing the aggregate value of listed companies to N150.27 trillion.

This session’s performance marks a continuation of the recovery momentum that has characterized recent trading.

The broad-based nature of the rally suggests that buying interest is spreading across sectors, rather than being concentrated in a few large-cap names.

Investors appear to be responding positively to improving market sentiment and stabilizing macroeconomic conditions.

The surge in valuation aligns with a broader trend of recovery in the Nigerian stock market.

Sources & citations

[1]Leadership Ng — 1 report observed

Source counts reflect independent publisher families observed for this event by the Handelsavisen pipeline.