A significant decline occurred in market value, with a loss of N1.9 trillion. This downturn followed a previous gain of N3.73 trillion. Heavy selling pressure was seen across various sectors, including banking and oil and gas. The market's overall capitalisation decreased substantially.
The decline also affected highly liquid stocks that had previously supported the market's rally. A key performance indicator, the All Share Index, fell by 1.6%.
Further information on this market trend is available, including specifics on the affected stocks and the current market capitalisation.
Good morning! Here is today’s summary from Nigerian Newspapers : 1. Following the rise in Brent crude oil prices to $104.61 per barrel, retail outlets in the Federal Capital Territory hiked pump prices on Sunday. Crude oil prices have been rising since February this year followin...
Former England players Lee Hendrie and Sue Smith have slammed Super Eagles striker Taiwo Awoniyi following his red card during Coventry City’s 5-0 defeat to Brighton in the Premier League on Sunday. Both pundits agreed that the Nigerian forward’s challenge justified his red card....
Galatasaray manager Okan Buruk has said that although the team are feeling the impact of Victor Osimhen’s absence, they remain strong without the Nigerian attacker. He said this following their 1-0 win against Kocaelispor on Sunday night, where the Yellow-Reds clinched all three ...
Not tackling the menace to its roots will take FIFA’s enquiry and a subsequently constituted NFF board to nowhere. The post EDITORIAL: FIFA’s enquiry and fixing Nigeria’s football appeared first on Premium Times Nigeria ....
***As cost of operations rises ***Dangote Cement, UACN lead inventory build-up ***Financial experts give more insight, proffer way out By Peter Egwuatu Manufacturing companies across sectors listed on the Nigerian Exchange Limited, NGX, entered the second quarter of 2026 with com...
Nigeria’s ambassador-designate to Mexico, Reno Omokri, has admitted that an FBI investigation involving people connected to President Bola Ahmed Tinubu took place, but maintained that the President was not the target of the probe. Omokri, who spoek on Channels Television’s ‘Polit...
***Transporters, commuters toolMRS raises pump price to N1,400/litre ***NNPC stations move to N1,375/litre lIndependent marketers raise prices to N1,400/litre By Udeme Akpan & Mariam Eko The surge in international crude oil prices above $100 per barrel is pushing up petrol prices...
By Sola Ogundipe What if a person who needs a pacemaker no longer had to undergo surgery to have one implanted? Imagine having no wires threaded into the heart, no pulse generator implanted under the skin and, potentially, no repeat procedures to deal with implanted hardware? Ins...
Outrage trails the killing of two Nigerians, Michael Fakunle and James Nwankwo, in South Africa, bringing the total number of such deaths this year to eigh Read More: https://punchng.com/safrica-silent-as-outrage-trails-killing-of-two-nigerians/...
The Nigeria High Commission in London clarifies that the approved passport admin fee is £20, not £70, and will refund £50 to affected applicants. Read More: https://punchng.com/passport-uk-mission-clarifies-70-fee-refunds-50/...
A new report by Orodata Science reveals that 97% of primary healthcare centres across 16 Nigerian states fail to meet national minimum staffing requirement Read More: https://punchng.com/only-3-of-phcs-meet-minimum-staffing-requirements-report/...
Nigerian dancer and entertainer, Poco Lee, has spoken for the first time since his release on bail in the United Kingdom, saying he remained mentally strong throughout the ordeal because he knew he was innocent of the allegation against him. Poco Lee made the disclosure during a ...
