Nigeria’s capital market has seen a remarkable 125 percent growth in capitalisation since April 2024. The market value has risen from about N55 trillion in 2024 to over N123.93 trillion.
Emomotimi Agama, the Director General, Securities and Exchange Commission (SEC) said the market’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly from 13 percent to 33 percent within the same period, underscoring the sector’s expanding role in economic development.
He spoke in Lagos during his inaugural address to members of the Capital Market Working Group on Market Liquidity at the Commission’s office.
