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  • Oil Prices Slip as US Prepares Iran Sanctions August 24, 2026
  • Ogogo and the Old Guard: Yoruba Cinema’s Passing Eras and Nollywood’s Creative Legacy August 24, 2026
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market capitalisation loss

Nigerian Stock Market Turnover Drops to N157.76bn
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Profit-Taking Erases N5.15tn in Early June Selloff -NGX

Ebenezer Chukwudi2 months ago2 months 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

  • Oil Prices Slip as US Prepares Iran Sanctions
  • Ogogo and the Old Guard: Yoruba Cinema’s Passing Eras and Nollywood’s Creative Legacy
  • NFIU Exposes Terror Financing Through Ghost Accounts
  • Atiku, Obi Resist Coalition Push As 2027 Unity Talks Stall
  • Tinubu Tax Reforms: Presidency Says Most Levies Are Not New

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