Nigerian Stock Market Surges 348% in Three Years Under Tinubu
The NGX All Share Index has climbed from around 55,769 points to nearly 250,000 points since May 2023, delivering a 348% return over three years. A ₦100,000 investment at the start of this period would now be worth about ₦448,000. Larger positions would see proportionally bigger gains, and this doesn’t even include dividends paid by many listed companies. Some banking, insurance and consumer goods stocks have beaten the broader market with returns exceeding 400%, highlighting one of the strongest bull runs in years. You don’t need millions or expert status to begin. Starting early and understanding how investing works can help you build long-term wealth. Always do your own research before investing.
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