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Stock market bounces back, gains N2.6trn after record loss

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Stock market bounces back, gains N2.6trn after record loss

13 Nov, 2025

The Nigerian equities market staged a strong recovery yesterday, rebounding with a N2.6 trillion gain in market capitalisation, just a day after suffering a record N4.6 trillion loss. The rally came on the heels of assurances from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who clarified that the government would take a cautious and consultative approach in implementing the recently enacted tax reforms, especially the contentious capital gains tax (CGT) on securities transactions.....................….......READ MORE