
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.
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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
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Nairametrics·July 5, 2026 at 11:24 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
In June, the Nigerian Exchange (NGX) experienced a significant loss of N13 trillion, prompting investors to reconsider their strategies. The focus for shareholders and potential buyers is not merely on the decline but on identifying which stocks represent genuine investment opportunities and which may pose risks, according to Nairametrics.
Nairametrics·July 5, 2026 at 4:24 PM
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PM News (NG)·July 4, 2026 at 5:13 PM
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Nairametrics·June 24, 2026 at 8:16 PM