
The Nigerian stock market reversed its recent positive momentum as profit-taking by investors wiped N1.9 trillion off market capitalisation in a single trading session, according to ThisDay Live. The downturn was broad-based, with only four stocks recording gains. The decline halted a run of positive performance recorded in prior trading days, the report said.
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The Nigerian stock market experienced a decline of N3.6 trillion, reversing two consecutive days of gains. This drop was attributed to widespread profit-taking activities, particularly in BUA Cement, which saw a 10 percent decrease in its stock value. Additionally, 37 other stocks were affected, contributing to the overall market downturn, according to ThisDay Live.
ThisDay Live·June 25, 2026 at 12:31 AM
The Nigerian stock market opened the week on a positive note, gaining 0.29 per cent as bargain hunting by investors pushed market capitalisation above N160 trillion, according to Legit.ng. The advance came despite losses recorded across four major sectors of the market. The report suggests renewed investor interest in undervalued stocks helped offset the sectoral declines, lifting overall market performance at the start of the trading week.
Legit.ng·September 8, 2026 at 9:12 AM
The Nigerian stock market experienced a decline of 1.21% last week as investors opted to take profits, despite an increase in trading activity. Financial services stocks were the primary contributors to this downturn, with ten companies leading the decliners, according to Legit.ng.
Legit.ng·July 5, 2026 at 6:26 PM
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
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.
Vanguard Business·July 1, 2026 at 5:53 AM
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