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.

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.

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.

In June, the Nigerian stock market experienced significant losses, with investors losing N13.3 trillion in value on the Nigerian Exchange Limited (NGX), marking the highest monthly loss recorded in the first half of the year. This decline is attributed to profit-taking activities among investors. Additionally, FTSE Russell has delayed Nigeria's Frontier Market status due to concerns regarding the T+1 settlement system, according to Vanguard Business.

The Nigerian stock market recorded a gain of N3.2 trillion for investors during the week, attributed to renewed interest in sectors such as banking, telecommunications, and oil and gas, according to Premium Times Business.

In June 2026, the market capitalization of Nigeria's largest listed companies, categorized as SWOOT (Stocks Worth Over One Trillion Naira), decreased by N11.97 trillion month-on-month. This decline was attributed to profit-taking and foreign exchange pressures, leading to a significant sell-off in the stock market, according to Nairametrics.