The Nigerian stock market closed lower again last week, making it the third consecutive week decline, pressured by profit-taking in blue-chip stocks.
•Adonri projects monetary tightening in H2’26
By Peter Egwuatu
The Nigerian stock market closed lower again last week, making it the third consecutive week decline, pressured by profit-taking in blue-chip stocks.
However, the latest loss amounting to 1.8 trillion indicates that the negative position is moderating.
Three weeks ago the market took a major hit at N5.6 trillion loss, and the following week the loss position was N2.4trillion.
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