The Capital Market Correspondents Association of Nigeria (CAMCAN) has reaffirmed its commitment to promoting informed market reporting and investor education, as it hosted the Mid-Year 2025 Capital Market Review and Outlook on Thursday, August 14, 2025, at the FICAN Secretariat, Onipanu, Lagos.
In his welcome address, CAMCAN Chairman, Mr. Friday Ekeoba, commended stakeholders for their resilience in navigating a challenging global economic climate. He stressed the role of accurate market coverage in boosting investor confidence and sustaining market growth.
The event’s Guest Speaker, Mallam Garba Kurfi, Managing Director of APT Securities & Funds Limited, delivered a detailed analysis of market trends. He revealed that Nigeria’s economy grew by 3.7% in the first half of 2025, buoyed by crude oil prices averaging $72 per barrel, peak oil production of 1.8 million barrels per day in July, and a significant drop in inflation from 38% in 2024 to 22.22%. The naira also maintained stability at ₦1,530 to the dollar.
On market performance, Kurfi reported a historic rise in equity market capitalization to ₦72.73 trillion from ₦12.8 trillion in December 2024, while the NGX All-Share Index climbed 41.81% to 146,589.35 points. Capital inflows surged 67.42% to $5.7 billion, with domestic investors maintaining dominance and foreign participation increasing to 27.08%.
The mutual funds market recorded strong growth, with Net Asset Value rising to ₦5.9 trillion and 18 new funds registered in the first half of 2025. Fixed-income instruments, including Sukuk and FGN Savings Bonds, continued to attract interest as investors sought diversified portfolios.
Kurfi, however, urged caution. “Investors must focus on strong fundamentals, diversify holdings, and balance equities with fixed-income assets to mitigate risks,” he said, adding that while the market outlook remains positive for the rest of the year, global uncertainties could still impact emerging markets.
The session ended with CAMCAN reiterating its role as a bridge between the market and the investing public, ensuring transparency and trust in financial reporting.
@2025 The Ameh News: All Rights Reserved
Discover more from Ameh News
Subscribe to get the latest posts sent to your email.
