Nigerian Stock Market Plunges, Investors Lose N985.7bn in 2 Days

The Nigerian stock market witnessed a significant decline, with investors losing N985.7 billion in just two days in early September 2025. The market capitalization dropped by billions of naira, with Lafarge Africa Plc, Zenith Bank Plc, and others experiencing losses.

Lafarge Africa's stock price plummeted by 7%, closing at N130 per share on September 2, 2025. The Nigerian Exchange Limited Index also saw a decline.

This downturn marked the second consecutive day of losses, impacting major sectors like banking and oil & gas. The market outlook remains uncertain amidst these substantial losses.