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market capitalisation loss

Profit-Taking Erases N5.15tn in Early June Selloff -NGX
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Profit-Taking Erases N5.15tn in Early June Selloff -NGX

Ebenezer Chukwudi14 hours ago13 hours ago02 mins

A massive wave of profit-taking has punctured the long-running rally on the Nigerian Exchange. Investors looking to lock in recent gains wiped N5.15 trillion off the total market capitalisation in just the first four trading days of June 2026. The key market index dropped by 3.2 per cent to close at 242,227.31 basis points. This…

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Recent Posts

  • Court Plays El-Rufai’s Arise Interview, Admits Fresh Exhibits
  • Citing Starmer, Obi Renews Call For Tinubu’s Resignation
  • Badenoch Blasts Starmer After Resignation
  • “Painful But Necessary”: IPOB Justifies Kanu’s Sweeping Expulsions
  • Zimbabwe Drops “Mafia State” Case Against Newspaper Editor

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