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Nigerian Exchange Loses Momentum, Drops to N155trn

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Nigerian Exchange Loses Momentum, Drops to N155trn

19 Aug, 2026

The Nigerian Exchange (NGX) Limited has recently struggled to regain its spark due to continued selling pressure from investors reducing their exposure to equities in favour of fixed-income investment instruments. Yesterday, the stock market further shed 0.35 per cent on the back of profit-taking in the banking sector, which closed lower by 1.83 per cent. The consumer goods space lost 0.13 per cent, and the energy counter depreciated by 0.01 per cent, while the insurance index gained 0.04 per cent, with the industrial goods segment closing flat........................................READ MORE