The Nigerian stock market ended June on a bearish note, with investors losing a whopping N13.3 trillion in the value of their investments listed on the Nigerian Exchange Limited (NGX) on a month-on-month (MoM) basis, the highest monthly loss recorded in the first six months of 2026.

Nigerian Exchange (NGX) weekly turnover plunged 47% to N134.49bn as investors trimmed exposure due to macroeconomic pressures.

The Nigerian stock market has sustained profit taking for second consecutive weeks, as investors lost over N2.4 trillion to price declines.

The ranking marks a remarkable turnaround for a market that only a year ago was struggling with currency volatility and weak foreign investor confidence.

Profit-taking Persists as Stock Market Deckine by N2.34tn

The market capitalisation rose by N653 billion, or 0.45 per cent, to N147.217 trillion from N146.564 trillion recorded on Monday.

The Nigerian stock market ended June on a bearish note, with investors losing a whopping N13.3 trillion in the value of their investments listed on the Nigerian Exchange Limited…

The Nigerian stock market ended the first half of 2026 as Africa's best performer, returning about 59.5% in dollars despite a June sell-off.