Nigerian equities slump 0.50% driven by maximum losses in Nestlé, BUA Foods
Home > market news
Stock Market News
Nigerian equities slump 0.50% driven by maximum losses in Nestlé, BUA Foods
23 Jul, 2026
The Nigerian equities market snapped its two-day rally on Wednesday, July 22, 2026, with the NGX All-Share Index (ASI) declining 0.50% to close at 245,418.37 points, down from 246,659.56 points at Tuesday’s close. Market capitalisation fell to N158.32 trillion from N159.12 trillion, wiping out approximately N800.70 billion in investor value during the session. The session’s losses were largely driven by double-digit declines in two of the market’s largest consumer goods names.......................................READ MORE
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy