Nigeria Leads Global Exchanges with 30% Growth in First Quarter
Nigeria has emerged as one of the world’s top-performing capital markets, recording around 30 percent growth in the first quarter, outperforming several major global exchanges and reinforcing investor confidence in its equities market, according to BusinessDay.
Data from the Nigerian Exchange Group and market analysts show that the rally was driven by strong corporate earnings, banking sector recapitalisation, and increased domestic investor participation, alongside improving macroeconomic indicators.
The performance builds on a broader upward trend, with Nigeria’s stock market gaining over 50 percent in 2025, placing it among the best-performing markets globally and attracting renewed interest from foreign portfolio investors, as reported by nairametrics.
Analysts say the first-quarter surge reflects growing market liquidity, reform-driven confidence, and sector-wide growth across banking, consumer goods, and industrial stocks, positioning Nigeria as a standout performer among emerging and frontier markets despite ongoing economic challenges. ongoing economic challenges.
