A powerful combination of local confidence and returning international capital has sent the Nigerian equities market into hyperdrive.
In a striking demonstration of renewed liquidity, total stock market transactions more than doubled over a five-month period to May, reaching an unprecedented N7.89 trillion as against N3.41 trillion in May 2025.
This aggressive surge underscores a shifting tide on the Nigerian Exchange Limited (NGX), as both domestic retail giants and foreign portfolio managers fiercely compete for high-yield assets.
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