
The Nigerian Exchange (NGX) Group is gearing up for a transformative 2026 as the country’s capital market approaches a historic milestone, with total market capitalization closing in on ₦150 trillion.
According to NGX data as of December 24, 2025, the combined value of equities, bonds, and Exchange Traded Products (ETPs) reached approximately ₦149.88 trillion, reflecting strong investor confidence and robust market activity. The NGX All‑Share Index surged nearly 49% in 2025, placing Nigeria among Africa’s top-performing capital markets for the year.
Dr. Umaru Kwairanga, NGX Group Chairman, unveiled the 2026 strategic agenda aimed at sustaining this momentum and deepening market development. Key priorities include:
For Investors and Issuers: Promote long-term, diversified investing, expand digital engagement platforms, and strengthen adherence to Environmental, Social & Governance (ESG) standards to attract global capital.
For Regulators and Policymakers: Harmonize tax and foreign exchange policies, clarify capital gains tax and settlement rules, and create an enabling environment to boost foreign investor confidence.
For Market Operators: Upgrade market infrastructure, enhance technology and cross-border connectivity, and maintain rigorous governance, transparency, and enforcement mechanisms.
Dr. Kwairanga emphasized that sustaining growth will require policy consistency, investor education, and robust governance to deepen liquidity and position Nigeria as a globally competitive market.
As the NGX edges closer to the ₦150 trillion landmark, 2026 is poised to be a year of consolidation and innovation, with a strong focus on attracting long-term domestic and international investment. Visit www.jocomms.com for more news.