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 Exchange (NGX) experienced a decline of 1.21% over the past week, resulting in a loss of N1.8 trillion. This downturn follows the suspension of trading in the shares of Fortis Global Insurance Plc, which took effect on June 17, as the company prepares for a share reconstruction of its issued shares.

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.

Foreign investors' transactions on the Nigerian Exchange (NGX) fell by 25.90% month-on-month in May 2026, totaling N183.61 billion, down from N247.78 billion in April. This decline marks the worst performance for foreign investor participation in 2026, despite overall market activity reaching its highest monthly level of the year, according to Nairametrics.

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.

Nigerian equities continued their correction into the first week of July 2026, although there was a notable rebound on Friday. This trend was attributed to ongoing profit-taking in the industrial goods sector, according to Nairametrics.