NGX Extends Bull Run as Market Climbs to New Highs

Image Credit: govbusinessjournal.com

April 16, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+9.99%) and MTNN (+2.46%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.23% to settle at 211,901.01 points
  • Year to date returns rose to settle at 36.17%
  • Market capitalization also rose by 1.23% to close at N136.44tn ($101.53bn)
  • Activity level in the market declined with the total value and volume of stocks traded rising by 17.00% and 17.19% to settle at N34.76bn and 584.96mn units respectively.

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