Nigeria, Aug. 5 -- With the Nigerian Exchange (NGX) exceeding the N90 trillion market capitalization threshold for the very first time, the Nigerian capital market has reached a major milestone.

The News Chronicle (TNC) found that this trend points to more than just an increase in numbers; it also mirrors rising investor confidence, better company results, and revived interest in Nigeria's economic recovery narrative.

Based on market statistics followed on Monday's closing of trade, the overall value of listed shares on the NGX rose to an astounding N91.15 trillion, up from N89.37 trillion reported just last Friday. Driven by aggressive activity in important industries like banking, consumer products, oil and gas, and industrials, this ...