Nigerian stock market surges N1.72trn amid sustained rally, led by MTN and Dangote Cement

Building on February's gains that pushed market cap to N113trn, the Nigerian stock market added N1.72 trillion on March 3, 2026, fueled by strong demand for MTN Nigeria and Dangote Cement shares.

The Nigerian stock market continued its bullish run on March 3, 2026, with a N1.72 trillion increase in market value. This performance, reported by ThisDayLive, was driven by robust investor interest in blue-chip stocks MTN Nigeria and Dangote Cement, reflecting sustained positive sentiment.

This latest surge follows earlier milestones, such as the market cap reaching N113trn in mid-February, highlighting ongoing resilience in Nigeria's equities sector amid economic challenges.

While specific trading volumes were not detailed, the focus on major players underscores persistent confidence among investors on the Nigerian Exchange Limited.

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The Nigerian stock market continued its upward trend, with the market capitalization reaching N113 trillion. This extension of positive momentum reflects ongoing investor confidence in the equities sector.

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As 2026 begins, Nigerians are voicing hopes for a calmer year amid ongoing challenges. Key concerns include rising scams in forex, crypto, and online investments, alongside positive developments in finance and technology.

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