Dangote Refinery IPO: NGX Loses Massive N1.9tn in Two Days as Investors Sell Stocks

Dangote Refinery IPO: NGX loses massive N1.9tn in two days as investors sell stocks

The Nigerian stock market lost N1.9 trillion in two days as investors sold their stocks in preparation for Dangote Refinery’s IPO, which is valued at N2.15 trillion. On Wednesday, investors recorded a 1.17 percent, or N20 billion, decline, with the market closing at N1.88 trillion from N1.9 trillion, with only four gainers recorded during the […] Dangote Refinery IPO: NGX loses massive N1.9tn in two days as investors sell stocks

Investors Cash Out as NGX Plummets N1.9tn in Two Days Following...

The Nigerian stock market lost N1.9 trillion in two days as investors sold their stocks in preparation for Dangote Refinery’s IPO, which is valued at N2.15 tril... #business, #ngx, #dangoterefineryipo, #flyingeze

NGX Sheds N1.88tn As Investors Sell Off Banking, Blue-Chip Stocks - TV360 Nigeria

All-Share Index falls 1.17% a day after market crossed N160tn, while trading volume jumps 85%…. The Nigerian Exchange took a sharp turn lower on Tuesday as heavy selling across banking, insurance and other blue-chip stocks wiped about N1.88tn from the value of listed equities. The downturn came barely 24 hours after the market crossed the …

MTNN, Firstholdco drag NGX index as investors lose n1.88trn

By Boluwatife Oshadiya | September 9, 2026 Key Points Main Story Nigerian equities fell sharply on Tuesday as losses in MTN Nigeria, First HoldCo and other major stocks pushed the NGX All-Share Index down 1.17%, wiping ₦1.88 trillion from market capitalisation. According to Nigerian Exchange Group market data supplied for the session, the All-Share Index […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

NGX: Banking, insurance losses wipe N1.88trn from investors’ wealth

Stock market lost N1.88 trillion as banking and insurance stocks led a broad sell-off, dragging the All-Share Index down 1.17% and reducing investors’ wealth.

Selling Pressure Wipes Off N1.878trn from Stock Exchange in One Day

By Dipo Olowookere The Nigerian Exchange (NGX) Limited came under selling pressure on Tuesday, triggering a 1.17 per cent loss at the close of transactions. Business Post reports that the sell-offs were across the major sectors of the stock exchange, with the banking sector shedding 4.21 per cent. The insurance space lost 2.82 per cent, […]