Equities Rally as Nigerian All-Share Index Surpasses 149,000

Nigeria’s stock market extended its bullish run on October 20, 2025, with the All-Share Index climbing by 963 points to close at 149,940.81. This represents a 0.65% increase from the previous session, driven by strong investor interest despite a slight dip in trading volume to 415 million shares. Market capitalization rose to ₦95.17 trillion, supported by active trading across major counters.

UNIONDICON and EUNISELL led the gainers, rising by 10.00% and 9.92% respectively, while JULI and THOMASWY posted the steepest declines. FIDELITYBK dominated the volume chart with 49.4 million shares traded, followed by ACCESSCORP and CHAMS. In terms of value, GEREGU led with ₦9.2 billion in transactions, trailed by ARADEL and DANGCEM.

Performance among high-value stocks was mixed. BUA Cement posted a strong gain of 6.25%, while ARADEL and Lafarge recorded modest increases. Among the major banking stocks, FirstHoldCo, UBA, and Zenith Bank advanced, while ACCESSCORP and GTCO saw slight declines. Analysts expect continued momentum to push the index past the 150,000 mark, contingent on sustained interest in large- and mid-cap equities.