Nigerian Stock Market Decline

The Nigerian Exchange Limited experienced a significant decline on September 8, with the All-Share Index dropping 1.17 percent, closing at 244,802.11 points. Market capitalization fell by N1.879 trillion, and 64 stocks declined while only four gained.

The Nigerian equities market experienced a significant downturn on September 8, 2026, with the All-Share Index declining 1.17% and erasing N1.88 trillion in market capitalisation. This decline follows a bullish trend and is attributed to profit-taking ahead of the Dangote Refiner

The Nigerian equities market experienced a bearish trend on Tuesday, with the All-Share Index falling by 1.17% to close at 244,802.11 points. The decline was influenced by significant losses in major stocks and investor actions ahead of the Dangote Petroleum Refinery IPO.