What ₦100,000 in Nigeria’s biggest bank stocks became in 8 months

Nigerians are putting more of their hard-earned money into the stock market than ever before. But what has that money actually earned them?

Between January and May 2026, retail participation in the Nigerian Exchange (NGX) grew by 138.76% year-on-year, with ₦2.86 trillion ($2.13 billion) in equities traded. Much of the renewed interest in the market has coincided with a strong run in…