With 64% Contribution, Equities Raise Total Market Capitalisation on Nigerian Exchange to N140.6tn Kayode Tokede
The Nigerian Exchange Limited (NGX) closed in September 2025 with a
total market capitalisation of N140.6 trillion, with equities accounting for 64.3 per cent. According to official data, the breakdown shows that
equities accounted for N90.40 trillion, while the debt market contributed N50.14 trillion. However, Exchange Traded Funds (ETFs) slipped to
N26.89 billion, reflecting a marginal decline from the N29.19 billion at the close of December 2024. The surge in the stock
market underscores the renewed confidence of both domestic and foreign investors, riding on the back of macroeconomic reforms,
policy stability, and stronger corporate fundamentals. Year-to-date, the equities Continued on page 5
Omisore Declares Intention to Contest for Osun Governorship Race… Page 9 Sunday, October 5, 2025 Vol 30. No 11137
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I Never Accused Buhari of Links to Boko Haram, Jonathan Clarifies Chuks Okocha in Abuja
Former President Goodluck Jonathan has refuted reports claiming he accused the late President Muhammadu Buhari of having links with Boko Haram, saying
his comments were misrepresented. In a statement issued Jonathan’s Special Adviser on Media and Public Affairs, the former president said he never suggested or implied that Buhari had
any connection with the terrorist group or supported it in any way. While speaking on Friday at the public presentation of ‘Scars’, a book written by former Chief of Defence Staff (CDS), Gen. Lucky Irabor
(rtd.), Jonathan said Boko Haram once nominated Buhari, his successor, to negotiate on their behalf with the federal government. He said the insurgents mentioned Buhari after his administration set up
committees to explore dialogue with the group. However, former spokesperson to Buhari, Mallam Garba Shehu, refuted the claim as “false and politically motivated”. In the statement issued
on behalf of Jonathan, his media adviser, Eze said the ex-president’s comments were part of a broader reflection on Nigeria’s security challenges and were meant to highlight the Continued on page 5
My Mission is to Unite All Nigerians, Says Tinubu, Preaches against Religious Divisions See story on page 5
Restates commitment to revamp nation's economy, defeat terrorism, banditry Assures northern Christians of fairness, says farmers-herders clashes to be tackled Atiku slams Tinubu over Plateau visit, says ordinary Nigerians aren’t his priority
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L-R: Plateau State Governor, Mr. Caleb Mutfwang; President Bola Tinubu; and National Chairman of All Progressives Congress, Professor Nentawe Goshwe Yilwatda, during the burial of the mother of APC National Chairman, Nana Lydia Yilwatda, at the Church of Christ in Nation, Fidelis Tapgun Road in Jos…yesterday
On Occasion of World Teachers' Day, UNESCO, ILO, UNICEF Say 44m Additional Teachers Needed Worldwide…Page 9