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NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
By: Zagazola Makama
Less than 24 hours after three Fulani youths were reportedly killed in an attack in Plateau state, another youth has allegedly been killed and one abducted in targeted attack in Riyom LGA by Birom Militia.
Security and local informants told Zagazola Makama that the latest incident occurred on Feb. 21 in Jol community, where suspected Birom militia members attacked herders, killing one Muhammed Sani, while another victim, identified as Faruq Jamilu, was abducted. An unspecified number of cattle were also reportedly killed or injured during the assault.

The development came barely a day after three youths Tahiru Muhammad, Jibrin Salisu and Abdulmumin Isyak were said to have been ambushed and killed on Feb. 19 while returning from Dorowan Babuje in Barkin Ladi area.
Zagazola report that the earlier attack occurred at about 7:00 p.m. near Jong Fulani community. Sources alleged that the victims were intercepted by armed Birom Militia assailants, and security personnel later recovered spent cartridges and a motorcycle and a bottle of alcohol otherwise known as Goskolo at the scene.
Community representatives alleged that the succession of incidents reflected sustained pattern of attacks targeting pastoral settlements and livestock in parts of the state in recent months.
Zagazola report that repeated cases of attacks and killing, cattle poisoning, rustling and arson had heightened tensions and triggered fears of reprisals across the affected areas while the state government and concerned authorities have done little or nothing to fish out the perpetrators.
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
News
Former CP David Danjuma Auta dies at Air Force Military Hospital, Jos
Former CP David Danjuma Auta dies at Air Force Military Hospital, Jos
By: Zagazola Makama
A retired Commissioner of Police, CP David Danjuma Auta (Rtd), JP, KSM, KSS, has died.
He passed away on Feb. 19, 2026, at the Air Force Military Hospital, Jos, after a brief illness.
Born on June 11, 1941, CP Auta enlisted in the Nigeria Police Force on Feb. 26, 1962, and served in several capacities, culminating as Commissioner of Police in Ogun State before retiring on Feb. 26, 1997.
He hailed from Takum Local Government Area of Taraba State.
He is survived by his wife and seven children. The corpse has been deposited at the hospital morgue, and burial arrangements will be communicated in due course.
Former CP David Danjuma Auta dies at Air Force Military Hospital, Jos
News
Five killed, house burnt in cross-border communal attack in Benue
Five killed, house burnt in cross-border communal attack in Benue
By: Zagazola Makama
Five persons have been killed and a house razed following a late-night attack on Azoke village in Ado Local Government Area of Benue.
Sources said the incident occurred at about 9:00 p.m. on Feb. 19 when suspected assailants from Akparata community in Ohaukwu Local Government Area of Ebonyi allegedly invaded the village.
The victims were identified as Nwefuru Elu, Nwefuru Agnes, Nwali Nworie Christianana, Obasi Nwode and Nwozo Nwode.
It was gathered that the attackers also set ablaze a house belonging to one Elumu Nwokwo during the assault, heightening tension in the area.
Security personnel who responded to a distress alert visited the scene and documented evidence as part of preliminary investigation.
Authorities said efforts were ongoing to apprehend those responsible, while further investigation had commenced to determine the circumstances surrounding the incident.
Residents were urged to remain calm and cooperate with security agencies as measures were being intensified to prevent escalation of violence in the area.
Five killed, house burnt in cross-border communal attack in Benue
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