Investor confidence in Nigerian stocks is soaring, with N40 trillion in gains recorded under Tinubu. The NGX is now attracting both global investors and curious first-timers.
Interest in Nigeria’s stock market is on the rise as investors gain over ₦40 trillion under President Bola Tinubu’s administration.
The Nigerian Exchange (NGX) All-Share Index is at an all-time high, with nearly all major equities outperforming 2024 inflation levels. Companies like Dangote Cement, MTN, Airtel, and BUA now boast market valuations exceeding ₦1 trillion.
“The NGX’s renewed appeal is tied to economic reforms, strong corporate earnings, banking recapitalization, and oil sector reforms,” analysts say.
Speaking to Arise TV, former Senate President Bukola Saraki added, “We haven’t seen the worst of the defections for PDP… possibly some senators as well.”
Dangote Refinery is also seeking listing, a potential boost for the capital market.
New investors can enter the market via licensed brokers, who execute buy/sell orders on the NGX.
Experts recommend learning stock basics, reading earnings reports, and understanding economic drivers like inflation and sector performance.
With improved regulation and easier market access, the stock market is now more accessible to average Nigerians than ever before.