Nigeria’s All-Share Index Nears 106,000 as Market Rallies

The Nigerian stock market rebounded strongly this week, fueled by consumer goods, insurance, and banking sector rallies.

The Nigerian All-Share Index surged by 1.46% to 105,752.61 points for the week ended April 25, 2025, driven by strong performances in consumer goods, insurance, and banking sectors.

Highlights

Market Volume: Up 21.6% to 1.85 billion shares.

Market Cap: Rose to N66.4 trillion from N65.4 trillion.

Winning Streak: Three consecutive green days post-Easter; slight pullback Friday by 321 points.


Sector Performance

Consumer Goods: +8.65% (boosted by International Breweries, Vitafoam, Cadbury).

Insurance: +7.30%.

Banking: +5.06%.

Industrial Goods: -3.44% (dragged by Dangote Cement).

Oil/Gas: -0.07%.


Top Gainers

International Breweries: +40%

NASCON: +26.22%

Africa Prudential, Vitafoam, Ikeja Hotel: +21–26%.


Top Losers

VFD Group: -82.19%

John Holt: -18.60%

Dangote Cement, Tripple Gee: -10%.


Corporate Announcements
UBA, Access Holdings, Lafarge Africa, Transcorp Power, and Ikeja Hotel released financial statements.

Outlook
With bullish momentum building, further gains are likely, especially from large and mid-cap stocks.