Ligustilide exerts potential neuroprotective effects against various cerebral ischaemic insults and neurodegenerative disorders. However, the function and mechanisms of LIG‐mediated hippocampal neural stem cells (H‐NSCs) activation as well as cognitive recovery in the context of post‐operative cognitive dysfunction (POCD) remain elusive and need to be explored. Mice were subjected to transient global cerebral ischaemia and reperfusion (tGCI/R) injury and treated with LIG (80 mg/kg) or vehicle for 1 month. Morris water maze test and western blot were employed to assess cognitive function. Nissl staining and immunofluorescence (IF) staining were used to detect H‐NSCs proliferation and neurogenesis in hippocampus. Subsequently, primary H‐NSCs were treated with LIG, and the level of H‐NSCs proliferation and neuronal‐differentiation was examined by IF staining for Edu and β‐Tubulin III. The protein levels of ERK1/2, β‐catenin, NICD, TLR4, Akt and FoxO1 were examined using western blotting. Finally, pretreatment with the ERK agonist SCH772984 was performed to observe the change in ERK expression. LIG treatment promoted H‐NSCs proliferation and neurogenesis, increased the number of neurons in the hippocampal subfields, and ultimately reversed cognitive impairment in tGCI/R injury. Furthermore, LIG also promoted primary H‐NSCs proliferation and neuronal‐differentiation, as well as ERK1/2 phosphorylation. Pretreatment with SCH772984 effectively reversed the ability of LIG to induce ERK1/2 phosphorylation and promote H‐NSCs proliferation and neuronal‐differentiation. LIG can promote cognitive recovery after tGCI/R injury by activating ERK1/2 in H‐NSCs to promote their proliferation and neurogenesis in the hippocampus. Therefore, LIG has potential for use in the prevention and/or treatment of POCD.