Nigerian Equities Surge N1.36 Trillion as ASI Crosses 203,770 Point Benchmark Led by GTCO and NGX Group

Nigerian market value hits N131.1 trillion led by GTCO and NGX Group. Explore the latest equities data and performance trends on the Nigerian Exchange.

By: AXL Media

Published: Apr 13, 2026, 4:49 AM EDT

Source: Information for this report was sourced from Ripples Nigeria

Equities Market Capitalization Hits New N131 Trillion Milestone

The Nigerian Exchange witnessed a significant injection of liquidity over the five day trading period ending April 10, 2026, as investor wealth expanded by N1.36 trillion. This surge pushed the total market valuation from N129.8 trillion to a record N131.1 trillion, signaling robust investor confidence amid shifting economic conditions. The All Share Index, a critical barometer for market health, reflected this upward momentum by gaining 2,071.54 points to settle at 203,770.43, marking a 1.03 percent appreciation from the prior week.

Trans Nationwide Express Emerges as Top Momentum Play

Logistics firm Trans Nationwide Express Plc solidified its position as a high growth asset after recording a 9.9 percent daily gain on the final trading session of the week. Closing at N3.77 per share, the stock has demonstrated remarkable resilience, accruing a 60 percent gain over the last four weeks. Since the beginning of the year, the equity has surged 75.4 percent from its opening price of N2.15, positioning it as the 25th best performing stock on the Nigerian Exchange for 2026.

NGX Group Maintains Triple Digit Year To Date Returns

The Nigerian Exchange Group itself remains a focal point for institutional interest, ending the week at N188.00 per share. With a 1.6 percent gain on Friday, the stock continues its trajectory as one of the market's elite performers, having gained 169 percent since January 1 when it traded at N70.00. While trading volumes averaged 4.33 million shares per session over the last quarter, the stock's 13 percent gain over the last month highlights sustained demand for financial infrastructure equities.