Stock Market Targets ₦25tr Turnover With Expanded Trading Window
Nigeria’s stock market is setting an ambitious target of ₦25 trillion in turnover, driven by plans to expand its trading window and improve overall market efficiency.
The Nigerian Exchange Group (NGX) is spearheading the move, which is expected to enhance liquidity, attract more investors, and deepen market participation. By extending trading hours, the exchange aims to create more opportunities for transactions and align better with global market practices.
Market analysts believe the initiative could significantly boost investor confidence, especially among institutional and foreign participants who often require flexible trading schedules. Increased activity could also lead to better price discovery and improved capital flow within the economy.
The expansion is part of broader reforms aimed at modernizing Nigeria’s capital market and positioning it as a competitive hub in Africa. Stakeholders have emphasized that alongside longer trading hours, improvements in technology, regulation, and investor education will be key to achieving the ₦25 trillion target.
Experts also note that sustained growth will depend on macroeconomic stability, policy consistency, and the performance of listed companies.
As the initiative unfolds, the move signals a strong push toward strengthening Nigeria’s financial markets and unlocking new investment opportunities within the Nigeria.
