Market Momentum Builds as Equities Power Higher

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

February 10, 2026/United Capital Report

Equities Market Summary

Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in MTNN (+3.71%) and ARADEL (+7.14%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.65% to settle at 176,809.42 points.

Year-to-date returns rose to 13.62%, while market capitalization also rose by 1.65% to close at N113.50tn ($83.81bn). Activity level in the market improved with the total value and volume of stocks traded rising by 80.64% and 68.08% to close at 50.43bn and 1.30bn units respectively.

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