The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX.
June 8, 2026
By Peter Egwuatu
The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX.
The development was driven by a sustained profit-taking move across major sectors.
Consequently, the NGX market capitalisation, which represents the total value of stocks listed on the Exchange, declined to N155.593 trillion on Friday from N160.508 trillion the previous week.
Nigeria's equities market lost N2.28trn due to widespread profit-taking. Learn how this bearish run impacted key stocks and…
Stock Market Depreciates by N4.91trn in First Trading Week of June
The Nigerian stock market sustained its bullish momentum in May 2026 as investors gained over N4.514 trillion during the month.
Market capitalisation declined from an opening value of N158.697 trillion to N158.219 trillion at the close of trading.
Investors lost N1.811 trillion on Monday as widespread profit-taking in major equities dragged the stock market into negative…
Stock Market Down N366bn Week-on-Week Amid Profit-taking Activities
Equities market loses N2.28trn on profit-taking pressure
Stock Market Depreciates by N4.91trn in First Trading Week of June
Why the NGX faces a valuation paradox - Businessday NG
Nigeria is getting capital, but not the kind that creates jobs - Businessday NG
Top 7 Indian companies lost ₹1.25L crore last week
Nigeria's telecom operators dispute 93% capital iInflow slump
Telecom foreign investment crashes 91% despite sector reforms - Businessday NG
Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market rebound
Nigeria overtakes Morocco to become Africa's second-largest stock market - Businessday NG
Net FX inflows triple to $9.2bn as dollar supply surge fuels naira rally - Businessday NG
