On July 17, 2025, the Nigerian stock market made headlines.
The Nigerian Exchange (NGX) All-Share Index crossed the 130,000-point mark for the very first time, powered by big gains from cement giants like BUA Cement (+10%) and Dangote Cement (+9.99%).
It’s a major milestone for the market, and if you’re investing in equity funds, it’s a great reminder of the value of staying invested.
But here’s the key message:
A market high is not a signal to sell.
Let’s unpack why this matters for your long-term wealth.
What Happened in the Market?
The NGX surged thanks to renewed confidence in the economy. Inflation has begun to ease, and large industrial companies are showing resilience, particularly in the cement sector.
Here’s the short version:
- The NGX Index hit 130,147.57 points, its highest level ever.
- The market gained ₦746.78 billion in value in one day.
- Cement stocks and financials drove the rally.
- Despite this, overall market activity dipped slightly, showing investors are still cautious.
This kind of movement reminds us that markets can be unpredictable in the short term, but powerful over the long term.
Long-Term Investors Are Already Winning
Let’s bring it home.
If you’ve been investing, especially in funds like the Nigerian Equity Fund, Affluent Equity Fund, or United Capital Equity Fund, you’ve likely seen meaningful growth over time.
Here’s how some of our top-performing funds have done:
| Fund Name | 3-Year Return (CAGR) | Inflation-Adjusted? |
| Nigerian Equity Fund | 27.3% | Yes |
| Affluent Equity Fund | 24.8% | Yes |
| United Capital Equity Fund | 23.1% | Yes |
(Data as of June 30, 2025. Returns are compounded annual growth rates.)
Compare that to Nigeria’s average inflation over the same period (about 18-20%), and you’ll see:
Staying invested isn’t just smart, it’s powerful.
Should I Sell Now That Markets Are Up?
It’s a common question.
“If I sell now, I’ll lock in profits, right?”
Yes… But also no.
Trying to time the market, getting out at the top and back in at the bottom, is nearly impossible to do consistently. What works far better?
- Invest consistently
- Ignore the noise
- Let time and compounding do the work
Think of your portfolio as a long-term plan, not a short-term gamble.
Let’s Be Real: Markets Go Up and Down
We’re excited about the milestone, but we’re also clear-eyed.
Markets are complex. Even during strong rallies, some stocks fall. And just because we’ve hit a high doesn’t mean we won’t see dips in the future.
Past performance doesn’t guarantee future returns.
But it does give us confidence that staying invested through the highs and lows has historically paid off.
Ready to Start Your Investment Journey?
If you’re not already investing with Cowrywise, you don’t need to wait for the perfect time.
Some of the best investors just start, stay consistent, and let the market work over time.
With Cowrywise, you can:
- Invest in expert-managed funds
- Start with as little as ₦1,000
- Track your growth anytime
- Withdraw when you want, not the market
Start investing with Cowrywise today and build the kind of wealth that headlines like this remind us is possible.
Final Word
A record market high is exciting, but it’s not a finish line.
It’s just another reminder that investing works when you stay patient, stay consistent, and trust the long game.
Whether you’re just starting or already investing with Cowrywise, this moment is for you. Let it motivate, not distract.
