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NGX Market Soars N3.73 Trillion, Faces N81 Billion Dip

5/2/2025

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Summary

Story summary

The Nigerian Exchange Limited (NGX) saw a remarkable surge in market capitalization, climbing by N3.73 trillion to reach N66.496 trillion by April 30, 2025. Yet, a recent trading day witnessed a sharp decline of N81 billion as investors rushed to sell key stocks, reflecting a cautious sentiment amid lingering uncertainties.

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Story summary

The Nigerian Exchange Limited (NGX) saw a remarkable surge in market capitalization, climbing by N3.73 trillion to reach N66.496 trillion by April 30, 2025. Yet, a recent trading day witnessed a sharp decline of N81 billion as investors rushed to sell key stocks, reflecting a cautious sentiment amid lingering uncertainties.