• info@ocmlng.com
  • 0201-2914775

Nigerian stocks open November lower as banking, oil and gas stocks drag market

Home > market news
Stock Market News

Nigerian stocks open November lower as banking, oil and gas stocks drag market

03 Nov, 2026

The Nigerian equities market opened November trading on a bearish note on Monday, November 2, 2026, as losses in banking, oil and gas, and consumer goods stocks outweighed gains in industrial and insurance counters. Selloffs in Aradel (-10%), International Breweries (-8.6%), Zenith Bank (-2.5%) and Access Corp (-7.3%) weighed on market performance, dragging the All-Share Index down. Consequently, the Month-to-Date and Year-to-Date returns settled at 0.0% and +63.4%, respectively.................READ MORE