The Nigerian Exchange ended the week on April 24, 2026, in positive territory, with the All-Share Index rising by 8,554.92 points to close at 225,722.49. This represents a 3.94% weekly gain from the previous close of 217,167.57. It was the first time the index surpassed the 220,000 level. Market activity during the week reflected strong investor confidence, with gains driven by upticks in select blue-chip stocks. The performance marked a continuation of upward momentum observed in recent trading sessions. Further details on individual stock performances were not provided in the initial report.
The All-Share Index breaking above 220,000 comes despite persistent economic pressures affecting ordinary Nigerians. Investors may be benefiting from market rallies, but inflation and currency instability continue to erode purchasing power for most citizens. A rising index alone does not reflect the financial reality of Nigerians outside the stock market. The disconnect between market performance and lived economic conditions remains stark.
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