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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South Korea's main stock market, the Kospi, recorded an average daily trading value exceeding 30 trillion won in February, driven by a rally in semiconductor shares. The benchmark Kospi index rose above the 6,000-point level on Wednesday, less than a month after surpassing 5,000 points.

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