Explainer: Why Nigeria’s stock market is delivering world’s second-best returns

Ripplesnigeria | 19-02-2026 01:35am |

Nigeria’s equities market stunned global investors in 2026, delivering the second-best dollar returns worldwide and reclaiming $21 billion in market value lost after the naira’s sharp devaluation in 2024. According to Bloomberg on Tuesday, the Lagos Exchange benchmark index has surged 31% this year, far outpacing the 11% gain in emerging markets and the 6.4%

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.