Will the Nigerian Exchange (NGX) All-Share Index rank among the top 5 best-performing national stock market indices globally by year-to-date local-currency return as of July 31, 2026?

Outcome: YES

How this forecast is settled

Will the NGX be among the world’s five best-performing stock markets by local-currency gains by July 31? Nigeria’s market may perform strongly, but being in the global top five is a very high bar because it depends on outperforming all other major and emerging markets.

Resolution

Yes, the Nigerian Exchange (NGX) All-Share Index ranks among the top 5 best-performing national stock market indices globally by year-to-date (YTD) local-currency return as of July 31, 2026.Driven by a historic, record-breaking bull run throughout the first half of the year, the benchmark index secured a dominant position on the global stage.

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