Beta Glass, Ellah Lakes Lead Rally as NGX Market Value Hits Historic ₦100 Trillion Milestone

Story: Written by Daniel October 23,2025
The Nigerian stock market reached a major milestone as its total market capitalization crossed the ₦100 trillion mark, driven largely by impressive performances from Beta Glass Plc and Ellah Lakes Plc.

The surge reflects renewed investor confidence and strong momentum in the equities market, with both domestic and foreign investors increasing their positions in high-performing stocks.

Beta Glass recorded significant gains following improved quarterly earnings and rising demand in the packaging sector. Similarly, Ellah Lakes’ sustained growth outlook and strategic expansion in the agribusiness sector helped boost overall market sentiment.

Market analysts attribute the rally to continued investor optimism fueled by strong corporate results, policy stability, and increased participation across key sectors.

This marks the first time in history that the Nigerian Exchange (NGX) will close with a market capitalization above ₦100 trillion, signaling a new phase of growth and resilience for the nation’s capital market.

Experts believe the milestone could attract more institutional investors and deepen market liquidity, especially as listed firms continue to post strong financial performances in 2025.