📰 NGX Hits Record High in May 2025 — What It Means for Young Nigerians

 

The Nigerian Exchange Group (NGX) recorded a massive rise in May 2025, with its All-Share Index (ASI) jumping by 5.62%, closing at 111,742.53 points — a record high that hasn’t been seen in years.

This performance added over ₦3.5 trillion to the Nigerian stock market's value, showing growing confidence in the Nigerian economy. According to analysts, this boost was driven by strong earnings reports, increased investor interest, and impressive performances from top companies like Nestlé Nigeria, Presco Plc, and ABC Transport.

> "Investors are showing confidence again because of improved corporate performance and better market fundamentals,” said a financial analyst from BusinessDay.

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🔍 Why Young Nigerians Should Care

If you’re a Nigerian youth trying to build wealth, here’s why this matters:

📈 Stocks are back! You don’t need to look only at foreign crypto or Ponzi apps — real Nigerian companies are growing.

💼 Companies like Dangote, GTCO, and Nestlé are available on apps like Trove, Bamboo, or Risevest.

🧠 You don’t need ₦100,000 to invest. With just ₦5,000, you can start growing your money slowly and legally.

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💡 Real-Life Example

Let’s say you bought ₦10,000 worth of Nestlé shares at the start of May. With the current 5.62% increase, your investment could now be worth over ₦10,560 — without doing any work.

That’s how rich people grow their money — and you can too.

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📲 How to Start

There are trusted Nigerian-friendly apps like:

Trove

Bamboo

Risevest

Chaka

These apps allow you to buy Nigerian and US stocks easily from your smartphone.

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✅ Final Advice

Don’t wait till you’re rich before you start investing.

Start with what you have. Be consistent. Stay informed.

📩 Want help getting started or understanding these apps? Message me on WhatsApp @ D1 Highlights.

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📌 Source

This article is based on reports from BusinessDay Nigeria and updates from the Nigerian Exchange (NGX) as of August 2, 2025.

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⚖️ Disclaimer

> This article is written for educational and informational purposes only. The original data belongs to their respective sources. This content is a simplified and reworded version of publicly available financial news for young Nigerians looking to understand money and investment. We do not copy full articles. All rights belong to their original publishers (e.g., BusinessDay, Technext, NGX).