NGX Stock Market Outlook: What Retail Investors Should Watch in Q1 2025

The Nigerian Exchange Group (NGX) closed 2024 with significant gains despite macroeconomic headwinds.

Key Themes for Q1 2025

Banking Sector Recapitalisation

The CBN's ongoing recapitalisation exercise continues to reshape the banking sector — creating both risk and opportunity.

Oil & Gas Outlook

With global oil demand recovering and the Dangote Refinery ramping production, Nigerian energy stocks are attracting significant institutional interest.

Consumer Goods Under Pressure

High inflation and FX pressure continue to squeeze consumer purchasing power.

Top Sectors to Watch