{
  "id": 17354149,
  "title": "Best performing Nigerian stocks in October: Dangote Cement lead N2.01 trillion rally",
  "url": "https://urgent.news/2026/10/31/best-performing-nigerian-stocks-in-october-dangote-cement-lead-n2-01",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T06:40:46.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/31/best-performing-nigerian-stocks-in-october-dangote-cement-lead-n2-01-trillion-rally/"
  },
  "original_language": "en",
  "account": null,
  "summary": "In October 2026, the Nigerian Exchange (NGX) experienced a significant increase in equity market capitalisation, driven primarily by Dangote Cement and selected mid-cap stocks. The All-Share Index rose by 1.23% to 254,299.49 points, marking a N2.01 trillion increase from the previous month. Dangote Cement emerged as a major contributor to the rally, gaining 33.12% in value, while other notable gains were seen in MTN Nigeria, Fidelity Bank, Guinness Nigeria, Ecobank Transnational, and Unilever Nigeria. The NGX Industrial Index also performed strongly, growing by 16.85%, largely due to Dangote Cement's performance. However, the broader market saw a mixed outcome, with 28 stocks advancing, 72 declining, and 46 remaining unchanged among the 146 tracked securities.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}