The Nigerian Exchange Ltd. (NGX) equities market on Tuesday reversed its four-session bullish run, losing N1.166 trillion in market capitalisation amid sell-offs in key stocks.

The Nigerian Exchange (NGX) closed the week at a 245,573 weekly high, driven by strong investor demand and a significant banking sector rally.

Nigeria’s equities market staged a strong July rebound, adding about N10.9 trillion in market capitalisation as investors repositioned for