• info@ocmlng.com
  • 0201-2914775
Dangote Refinery Initial Public Offer. Click here to subscribe

Nigerian equities lose N469 billion as banking stocks drag market lower

Home > market news
Stock Market News

Nigerian equities lose N469 billion as banking stocks drag market lower

30 Sep, 2026

Nigerian equity market capitalization shed N468.63 billion to close at N163.530 trillion on Tuesday, September 29, 2026, as trading activity on the Nigerian Exchange (NGX) closed on a bearish note despite substantial liquidity. Investors traded a total of 548,646,300 equity shares valued across 47,203 transactions. Despite the high volume, the decline in banking, industrial goods, and consumer goods stocks pulled down the key market indicators. The NGX All-Share Index (ASI) fell by 721.91 points (0.29%) to close at 251,913.20 points, down from Monday’s close of 252,635.11 points..............................READ MORE