NGThe Nigerian equities market experienced significant growth during the week ending 24 July 2026, with the total market capitalization surpassing N159tn due to increased institutional buying, particularly in banking stocks. The NGX All-Share Index rose by 1.60 percent, and overall market turnover saw a substantial increase compared to the previous week. The Financial Services sector dominated trading activity, contributing over 77 percent of the total equity trading volume. While most sectors participated in the upward trend, the NGX Consumer Goods Index and NGX Growth Index faced declines. Notable individual stock performances included UPDC Real Estate Investment Trust and First Holdco Plc, which saw significant price increases.
Bias read (Center): The article focuses on economic indicators such as market capitalization, trading volumes, and sectoral performance without any explicit political commentary or bias. It presents factual data on market trends and does not favor any particular political stance or ideology.
