NGX plunges N3.28 trillion as Dangote Cement, Presco, UACN, HBM Nigeria, Tier 1 banks fall
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NGX plunges N3.28 trillion as Dangote Cement, Presco, UACN, HBM Nigeria, Tier 1 banks fall
06 Nov, 2026
The Nigerian equities market lost about N3.28 trillion on Thursday, November 5, 2026, as heavy selling in Dangote Cement, Presco, UACN, HBM Nigeria and several Tier 1 banks dragged the benchmark index sharply lower. Dangote Cement and Presco each fell by a maximum of 10%, while UACN (-7.85%) and HBM Nigeria (-7.71%) also posted steep losses. Losses in First HoldCo, Nigerian Exchange Group, Nigerian Breweries, Stanbic IBTC, GTCO and UBA added to the pressure...................READ MORE
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