Nigeria : New listings and fresh capital add N5 trillion to NGX’s Market Cap in 2024

The Nigerian Exchange Limited (NGX) experienced remarkable growth in 2024, as a wave of equity listings and capital-raising initiatives propelled market metrics.
1M | 3M | YTD | 1Y | 2Y |
-2.20% | +22.89% | +34.23% | +42.62% | +104.59% |
Value Traded (Mln NGN) 19,667.74 |
Volume 482,753,056 |
Transactions 28,181 |
Market Cap. (Bln NGN) 87,375.24 |
The Nigerian Exchange Limited (NGX) experienced remarkable growth in 2024, as a wave of equity listings and capital-raising initiatives propelled market metrics.
In a report published on December 31, 2024, the Nigerian Exchange Group (NGX) listed the top ten stockbrokers in Nigeria for the year 2024.
Shares of MTN Nigeria have soared by over 20% month-to-date in early January, with market activity exceeding 13 million shares traded.
The Nigerian stock market, represented by the All-Share Index, achieved an outstanding performance in 2024, closing with a remarkable gain of 37.65%.