The Nigerian Exchange (NGX) announced that capital raised through its platform in the first six months of 2025 exceeded N4.63 trillion.
The funds came through both sovereign and corporate instruments and were critical for infrastructure projects and enterprise development.
Much of this success has been credited to NGX Invest, a digital platform launched in 2024 to streamline access to public offerings. The tool has played a key role in Nigeria’s ongoing banking recapitalization, which has drawn over N2 trillion so far.
Temi Popoola, CEO of NGX Group, attributed the market’s positive performance to strategic reforms and regulatory collaboration.
“The NGX Group — comprising Nigerian Exchange Limited, NGX Regulation (NGX RegCo), and NGX Real Estate (NGX RelCo) — continues to drive market development through innovation, digital tools, and policy engagement aimed at keeping the market dynamic and investor-focused,” the NGX said in a release.
Performance metrics for H1 2025 show:
Market capitalization rose 16% to N126.7 trillion.
Equities grew from N62.7 trillion in January to N75.9 trillion by June.
The fixed income market held steady at N50.5 trillion.
Exchange-Traded Funds (ETFs) grew to N25.7 trillion.
David Adonri, Vice Chairman of Equity Capital Solutions Limited, noted that stable interest rates and improved forex conditions have contributed to renewed investor confidence.
The All Share Index (ASI) posted a 16.57% gain year-to-date by June, marking the sixth consecutive H1 rally since 2023. Trading volume reached 67 billion shares, with sectoral gains led by the Consumer Goods Index (+51.21%), followed by the Pension Index (+19.32%) and Banking Index (+18.06%).
