This is because an aggressive, broad-based sell-off has swept through the Lagos bourse, dragging equities market returns below last year’s close levels.
This comes on the heels of an impressive 2025 performance where the Nigerian Exchange Limited (NGX) All-Share Index (ASI) pulled off a spectacular 51.19 percent return.
The 2.35 percent daily drop on the Nigerian Exchange on Wednesday, June 24 represents the largest single
The record blockbuster rally that made Nigerian equities the talk of frontier markets has headed for a major cool.
This is because an aggressive, broad-based sell-off has swept through the Lagos bourse, dragging equities market returns below last year’s close levels.
This comes on the heels of an impressive 2025 performance where the Nigerian Exchange Limited (NGX) All-Share Index (ASI) pulled off a spectacular 51.19 percent return.
The 2.35 percent daily drop on the Nigerian Exchange on Wednesday, June 24 represents the largest single
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Read Full Article by Iheanyi Nwachukwu at businessday.ng
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