NGX All Share Index — Live Data from Nigeria Stock Exchange

NGX All Share index Nigeria — Africa's 2nd largest economy's primary equity benchmark. Track ~150 stocks, sector performance and top movers in real time.

Data as of 20 Oct 2026

Index Level

219,587

Change

0.61%

Market Cap (NGN)

~₦91.5M

Constituents

Top 10 by Market Cap

NGX ASI

The largest constituents by market capitalization. MTN and the cement duopoly dominate.

#	Company	Sector	Market Cap
1	MTN Nigeria MTNN	Telecoms	₦16.4M
2	BUA Foods BUAFOODS	Consumer	₦15.2M
3	Dangote Cement DANGCEM	Cement	₦13.5M
4	Airtel Africa AIRTELAFRI	Telecoms	₦8.5M
5	BUA Cement BUACEMENT	Cement	₦7.1M
6	Seplat Energy SEPLAT	Oil & Gas	₦5M
7	Aradel Holdings ARADEL	Oil & Gas	₦4.8M
8	GTCO Holdings GTCO	Banking	₦4.3M
9	Zenith Bank ZENITHBANK	Banking	₦3.5M
10	Lafarge Africa WAPCO	Cement	₦3.2M

NGX All Share Sector Breakdown

Percentage weight of each sector in the NGX All Share Index by market capitalization.

NGX ASI — 12-Month Trend

Daily closing level of the NGX All Share Index over the past 12 months.

All Constituents

16 stocks

Search by name, ticker, or sector. Click column headers to sort.

Name	Sector	Market Cap ▼	YTD %
MTN Nigeria MTNN	Telecoms	₦16.4M	38.80%
BUA Foods BUAFOODS	Consumer	₦15.2M	12.40%
Dangote Cement DANGCEM	Cement	₦13.5M	18.20%
Airtel Africa AIRTELAFRI	Telecoms	₦8.5M	8.10%
BUA Cement BUACEMENT	Cement	₦7.1M	15.60%
Seplat Energy SEPLAT	Oil & Gas	₦5M	22.40%
Aradel Holdings ARADEL	Oil & Gas	₦4.8M	19.80%
GTCO Holdings GTCO	Banking	₦4.3M	16.50%
Zenith Bank ZENITHBANK	Banking	₦3.5M	14.20%
Lafarge Africa WAPCO	Cement	₦3.2M	28.70%
FBN Holdings FBNH	Banking	₦2.3M	—
UBA UBA	Banking	₦2.1M	—
Stanbic IBTC STANBIC	Banking	₦2.1M	—
Access Holdings ACCESSCORP	Banking	₦1.4M	—
Wema Bank WEMABANK	Banking	₦1.1M	—
Fidelity Bank FIDELITYBK	Banking	₦1M	—

Why NGX Matters

Six reasons Nigeria's stock exchange is pivotal for African investors.

Africa's 2nd Largest Economy

Nigeria has a $450B+ GDP, the largest population in Africa (~230M), and a rapidly growing consumer market driving demand across sectors.

MTN Dominance

MTN Nigeria alone accounts for roughly 20% of the NGX All Share Index. Its performance heavily influences the overall index direction.

Dangote & BUA

The cement duopoly of Dangote and BUA dominates Nigeria's construction sector. Combined, they represent ~20% of market cap and benefit from massive infrastructure spending.

Bank Recapitalization

The CBN mandated $2.7B in bank capital raises (2024-2026), reshaping the financial sector. Banks are raising equity, merging, and pursuing foreign capital.

Naira Recovery

After significant devaluation in 2023-2024, the naira has stabilized. Currency reforms and diaspora remittances are boosting investor confidence in NGN-denominated assets.

NGX vs NSE

The NGX (Nigeria) has a market cap roughly 10x that of the NSE (Kenya). It is the largest stock exchange in West Africa and among the top 3 in Africa.

Accessing Nigerian Stocks

Four routes to invest in NGX-listed companies from anywhere in Africa.

Digital Platforms

•Bamboo (app-based, USD fractional)
•Chaka (SEC-licensed, NGX + US)
•Risevest (managed portfolios)
•Trove (multi-exchange access)

Nigerian Brokers

•Stanbic IBTC Stockbrokers
•CardinalStone Partners
•Chapel Hill Denham
•Afrinvest Securities

Pan-African ETFs

•Satrix MSCI World ESG (JSE)
•NewGold ETF (gold exposure)
•1nvest Top 40 ETF (JSE)

ADRs / GDRs

•MTN Group (JSE primary listing)
•Airtel Africa (LSE primary)
•Seplat Energy (LSE dual-listed)

NGX — Frequently Asked Questions

The NGX All Share Index (ASI) is the primary benchmark for the Nigerian Exchange (formerly Nigerian Stock Exchange). It tracks the market-capitalization-weighted performance of all listed equities. As of 2026, it covers ~150 stocks with a combined market cap exceeding $30B USD.

Yes. Platforms like Bamboo, Chaka, and Risevest allow Kenyans and other Africans to buy NGX-listed shares. You can also access Nigerian stocks via the JSE (MTN Group), LSE (Airtel Africa, Seplat), or Pan-African ETFs.

Key drivers include: (1) Oil prices and production volumes, (2) CBN monetary policy and naira stability, (3) Bank earnings and recapitalization progress, (4) Inflation trends, and (5) Foreign investor sentiment toward frontier markets.

The naira has been volatile, depreciating significantly in 2023-2024 before stabilizing. NGN-denominated returns may be attractive locally but currency conversion to USD or KES can erode gains. Consider hedging or USD-denominated alternatives.

The NGX trades Monday-Friday, 9:30 AM - 2:30 PM WAT (West Africa Time). WAT is UTC+1, which is 2 hours behind EAT (Kenya time). Settlement is T+2.

No. Serrari displays end-of-day data updated after market close. For real-time trading data, use your broker's platform or the official NGX website. Our data is for research and comparison purposes.

← Back to Markets

Serrari displays end-of-day NGX data for research and comparison purposes only. This is not investment advice. Past performance does not guarantee future results. Consult a licensed advisor before making investment decisions.

From the Serrari Analyst Desk

All reports