Weekly Market Review: Nigeria’s Financial Markets Gain Momentum on Stronger Growth, FX Stability and Investor Demand
Nigerian financial markets entered September 2026 with strong momentum, driven by 4.43% Q2 GDP growth, Naira appreciation to $/₦1,321.22, and rising foreign reserves. Easing fixed-income yields and sustained primary auction demand reflect high investor conviction. Meanwhile, the NGX ASI rose 2.36% WTD ahead of Nigeria’s return to the FTSE Russell Frontier Market index.