Nigerian Equities Market Slumps, Investors Lose N110 Billion

The Nigerian equities market experienced a downturn as investors lost N110 billion, leading to a slump in the NGX benchmark share index. Key movers included LivingTrust Mortgage Bank and McNichols Livestock Feed PLC.

Notable gainers were NCR Nigeria Universal Press Limited, while Zenith Bank PLC and Guaranty Trust Holdings were active in trade. Babajide Okeowo was mentioned in the article.

The market breadth was negative, with more stocks declining than advancing.