
The Nigerian equities market reversed Monday's bullish momentum on Tuesday, September 8, 2026, with the benchmark All-Share Index falling 1.17% to close at 244,802.11 points, according to Nairametrics. The decline wiped out approximately N1.88 trillion in market capitalisation in a single trading session. The selloff comes ahead of the anticipated Dangote Refinery initial public offering, which has drawn significant attention from investors in Africa's largest economy.
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On June 24, 2026, the Nigerian equities market experienced its largest single-day decline of the year, with a loss of N3.64 trillion in investor wealth. This drop was primarily driven by profit-taking in major cement and power stocks, including BUA Cement, Dangote Cement, and Geregu, which overshadowed the previous days' buying momentum and halted the market's recovery efforts.
Nairametrics·June 24, 2026 at 8:16 PM
The Nigerian equities market closed lower on Tuesday as investors engaged in a fresh round of selling, according to Leadership newspaper. The benchmark All-Share Index fell by 2,897.67 points, or 1.17 per cent, to end the session at 244,802.11 points. Total market capitalisation also declined, shedding N1.878 trillion to close at N158.722 trillion, reflecting the bearish trading performance recorded across the exchange during the day.
Leadership (NG)·September 8, 2026 at 5:45 PM
Nigeria's equities market recorded a sharp sell-off on Tuesday, with losses in banking and insurance stocks wiping N1.88 trillion from investors' wealth, according to Tribune Online. The Nigerian Exchange Limited All-Share Index fell 1.17 per cent to close at 244,802.11 points, down from the previous session. Despite the decline, the benchmark index retained a year-to-date return of 57.31 per cent, reflecting strong overall performance in the market so far this year.
Tribune Online (NG)·September 8, 2026 at 6:20 PM
The Nigerian equities market continued its bullish run on Monday, with overall market capitalisation crossing N160 trillion for the first time, according to Leadership. The All-Share Index gained 707.34 points, or 0.29 per cent, to close at 247,699.78 points, while market capitalisation rose by N1.041 trillion to N160.600 trillion. The gains were buoyed by the listing of 8.09 billion shares, the report said.
Leadership (NG)·September 8, 2026 at 4:56 AM
The planned September 2026 listing of Dangote Petroleum Refinery could become a landmark event for Nigeria's capital markets, giving retail and institutional investors access to one of Africa's largest industrial assets. According to accounting professor and financial expert Godwin Oyedokun, the initial public offering could also reshape how major Nigerian companies are valued and financed. The listing is being watched as a potentially transformative moment for investment in the country.
Zalebs·September 7, 2026 at 11:18 AM
Nigeria's equities market extended its rally as total market capitalisation on the Nigerian Exchange (NGX) rose to a record N160.60 trillion, according to Tribune Online. The 0.65 per cent increase followed the listing of 8.09 billion new ordinary shares of Dangote Sugar Refinery Plc on the exchange. The gain outpaced the 0.29 per cent rise recorded previously, underscoring continued bullish momentum in the Nigerian stock market.
Tribune Online (NG)·September 7, 2026 at 7:45 PM