Nigeria’s Stock Market Records ₦611bn Surge as Investor Confidence Strengthens, BUA Cement Leads Rally

Nigeria’s stock market kicked off the week with a solid rebound as investors gained ₦611 billion on Monday, sparking fresh optimism across the nation’s economy.

The surge was powered by renewed interest in industrial and mid-cap equities, with BUA Cement and a few blue-chip giants leading the momentum.

According to data reported by Punch, the Nigerian Exchange (NGX) saw its market capitalisation jump from ₦94.6 trillion to ₦95.2 trillion — a 0.65% rise in just one session.

The All-Share Index climbed 963.17 points to close at 149,940.81, locking in a year-to-date gain of 45.68%, one of the strongest among African exchanges in 2025.

The industrial sector set the pace, with its index rising by 2.34%. The Top 30 Index followed with a 0.68% gain, the Premium Index added 0.66%, and the Oil & Gas Index improved by 0.65%.

Among the top movers, Union Dicon Salt Plc surged 10% to close at ₦8.80, while Eunisell Interlinked Plc jumped 9.92% to ₦53.20. Sovereign Trust Insurance Plc climbed 6.44%, and BUA Cement Plc rose 6.25% to ₦170 per share.

See Also:

Nigeria’s Economy Growing, But Rising Food Prices Still Burden Millions – World Bank

The strong performance of industrial and consumer-focused stocks mirrors a wider shift across Africa’s emerging markets — investors are leaning toward stable, dividend-paying assets as currencies fluctuate and inflation pressures linger.

Trading remained lively, with 415.04 million shares worth ₦26.96 billion exchanged across 31,486 deals, representing a 62% jump in turnover from the previous session.

Fidelity Bank led the volume charts with 49.44 million shares valued at ₦982 million, while Geregu Power Plc dominated in value with ₦9.29 billion in trades, Business Insider reported.

On the flip side, Juli Plc dropped 9.94%, Thomas Wyatt Nigeria Plc slid 9.63%, and Daar Communications Plc fell 7.14%.

With a weekly rise of 1.51% and a four-week gain of 5.71%, the NGX continues to outperform several of its continental peers. Analysts say the upbeat momentum may grow even stronger as listed firms begin rolling out their fourth-quarter earnings.

See Also:

Nigeria Leads Africa’s $3 Billion Solar Push As Grid Struggles Persist

Image Credit: BUA Cement

Unlock Doors Across Africa: Grab Your FREE Personal Branding & Networking Guide!

Ready to build a powerful personal brand and network that opens doors across Africa? This guide provides the blueprint for thriving in the continent’s dynamic business landscape.

Latest Posts

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here