QuidMetrics

Nigerian stock market extends rally on energy sector strength

The Nigerian Exchange gained N21.74 billion on October 15, 2026, as energy stocks led a second consecutive day of gains.

The Nigerian equity market extended its winning streak on Thursday, October 15, 2026, adding N21.74 billion in value, according to NGX data. Major energy sector stocks including Aradel and Oando drove the gains, marking the second consecutive day of market advances.

The continued rally reflects growing investor confidence in Nigerian stocks, particularly in the energy sector. The market has maintained its upward momentum as trading continues.