Nigerian stock traders have gone on a buying spree. Trading volumes jumped 131 percent to hit N7.89 trillion in the five months to May.
That's more than double what the market saw in the same period last year. Figures show May 2025 recorded just N3.41 trillion in transactions.
Local investors are back in action. Foreign money is also pouring into the market again, sources tracking the Nigerian Exchange Limited say.
Both retail buyers and international fund managers are chasing high-return stocks. Competition for assets has intensified across the bourse.
Analysts see this as a turning point. Confidence in Nigeria's economy appears to be returning after months of uncertainty.
The surge reflects renewed appetite among investors. Market watchers expect momentum to continue if conditions remain favorable.
