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Banking stocks lift Nigerian market by N70.6 billion despite consumer goods selloff

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Banking stocks lift Nigerian market by N70.6 billion despite consumer goods selloff

06 Aug, 2026

The Nigerian equities market closed marginally higher on Wednesday, August 5, 2026, adding N70.62 billion in market capitalization as gains in key banking stocks offset heavy losses in consumer goods counters. The benchmark NGX All-Share Index (ASI) rose 0.04% to close at 244,912.24 points, up from 244,802.83 points in the previous session. Market capitalization increased to N158.09 trillion from N158.02 trillion.......................................READ MORE