NGX Bulls Take Market Capitalisation Above $120 Billion Mark

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September 17, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a positive note largely due to share price appreciation in BUACEMENT (+10.00%) and FIRSTHOLDCO (+4.96%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.62% to settle at 246,315.38 points
  • Year to date returns rose to settle at 58.29%
  • Market capitalisation rose by 0.62% to close at N159.89tn ($120.10bn)
  • Activity level in the market was positive with the total value and volume of stocks traded rising by 22.89% and 67.81% to settle at N46.02bn and 1.11bn units, respectively
  • Note: The difference between the NGX-ASI and market capitalisation daily changes was due to Critical Minerals Financing Corporation (CMFC) Plc’s supplementary listing of 1.07 billion shares.

 

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