By Gwurld4026 
Nigerian Stocks Surge ₦377 Billion After Trump’s Tariff Pause
The Nigerian stock market experienced a significant rebound on Thursday, April 10, 2025, with investors gaining approximately ₦377 billion in market capitalization. This recovery follows a 90-day pause on global tariffs announced by U.S. President Donald Trump, which alleviated concerns over escalating trade tensions.
The All-Share Index (ASI) rose by 0.58%, closing at 104,788.25 points, while market capitalization increased to ₦65.847 trillion. This uptick comes after a sharp ₦659 billion loss earlier in the week, attributed to fears surrounding U.S. tariff policies.
Key gainers included Caverton Offshore Support Group (+10%), VFD Group (+9.92%), and Neimeth International Pharmaceuticals (+9.92%). Conversely, ABC Transport led the laggards with a 10% decline.
Trading activity also saw an uptick, with 432.56 million shares valued at ₦9.719 billion exchanged across 12,027 deals. Access Corporation led in both volume and value, trading 77.86 million shares worth ₦1.62 billion.
Analysts suggest that the market’s positive response reflects investor optimism amid global trade developments. However, they caution that sustained growth will depend on continued stability in international trade policies and domestic economic reforms.