Market Advances on Strong Buying in Banking and Telecom Stocks

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

July 14, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in MTNN (+1.23%) and FIRSTHOLDCO(+9.98%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.46% to settle at 242,870.44 points
  • Year to date returns climbed to settle at 56.07%
  • Market market capitalisation also rose by 0.46% to close at N155.85tn ($112.96bn)
  • Activity level in the  market was positive with the total value and volume of stocks traded rising by 139.44% and 21.25% to settle at N53.34bn and 634.78mn units respectively.

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