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Nigeria's Stock Market Soars 1.01% Amid Eased Inflation

10/23/2025

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Story summary
  • On October 21, 2025, Nigeria's All-Share Index rose 1.01% to close at 151,456.91 points, signaling investor confidence amid easing inflation.
  • Notable gainers included SCOA and Omatak, while LivingTrust and Conoil declined due to profit-taking.
  • Analysts expect further positive momentum as companies release Q3 earnings.
  • In the broader context, improving inflation metrics and credit rating upgrades are enhancing the investment climate and attracting foreign and retail investors to equities.
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