Domestic Capital Drives Nigeria’s 57% Equity Market Rally, Says Coronation

Nigeria’s Stock Market Rally: Real Growth or Currency Mirage?

The Nigerian stock market's recent surge is facing scrutiny as investors weigh impressive nominal gains against the significant impact of Naira depreciation on real USD returns. The post Nigeria’s Stock Market Rally: Real Growth or Currency Mirage? appeared first on Business Elites Africa.

Nigerian Equities Record 57% Growth In Seven Months

The Nigerian equities market recorded a 57 per cent return in the first seven months of 2026, driven predominantly by domestic capital. This was stated by the Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede. READ ALSO: Equities Market Ends Bullish, Rising 2.15% Aig-Imoukhuede, speaking at the H1 2026 Capital Market Review and Outlook for the second half of the year, said the performance of the Nigerian Exchange (NGX…

Domestic Capital Drives Nigeria’s 57% Equity Market Rally, Says Coronation

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, driven largely by stronger domestic investment rather than a resurgence in foreign portfolio inflows, the Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, has said.Aig-Imoukhuede made the submission on Friday at the H1 2026 Capital Market Review and Outlook for the Second Half of the Year, where he said the performance of the …

NGX 57% rally driven by domestic capital, not foreign inflows – Coronation

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, but the rally was driven predominantly by domestic capital rather than a resurgence in foreign portfolio investment, Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, has said. Aig-Imoukhuede, speaking at the H1 2026 Capital Market Review and Outlook for […]