The NASD Securities Exchange saw its total market value surge by 106% in 2025, driven by a combination of new company listings and increased investor confidence. This significant growth underscores the increasing attractiveness of the NASD as a platform for businesses to raise capital and for investors to participate in the growth of promising Nigerian companies.

According to data released by the Exchange, the NASD Index (NDI), a key indicator of market performance, climbed from 3,002.68 points at the start of the year to 3,543.46 points by the close of 2025. This increase reflects the overall positive sentiment within the NASD market and the growing appetite for securities traded on the exchange.

Market analysts attribute the impressive performance to several factors, including the successful listing of new companies on the NASD and a general improvement in the macroeconomic environment. The new listings broadened the range of investment opportunities available to investors, while positive economic indicators helped to boost confidence and attract capital to the market.

The NASD provides a platform for trading securities of unlisted public companies in Nigeria. It offers companies an opportunity to access capital without the stringent requirements of the Nigerian Exchange Limited (NGX). This makes it an attractive option for smaller and medium-sized enterprises seeking to raise funds for expansion and growth.

The surge in NASD market value highlights the growing importance of the over-the-counter (OTC) market in Nigeria's financial ecosystem. As more companies seek alternative avenues for raising capital, the NASD is poised to play an increasingly significant role in facilitating economic growth and development.

Looking ahead, market watchers anticipate continued growth in the NASD market, driven by ongoing efforts to attract new listings and further enhance investor confidence. The Exchange's focus on improving transparency and efficiency is expected to further solidify its position as a key player in the Nigerian capital market.