Nigerian Stock Market Performance Analysis

The Nigerian stock market experienced a decline of N1.58 trillion due to sell pressures on various stocks, closing at N161.26 trillion. The All-Share Index fell by 0.97 percent, with 54 decliners outpacing 23 advancers.

The Nigerian Exchange saw a 98% surge in FX market turnover to $3.37 billion during the week ending October 9, 2026, despite a downturn in broader market indicators. The Financial Services Industry led trading activity, while significant corporate milestones were achieved.

The Nigerian Exchange (NGX) closed lower, with the All-Share Index dropping by 0.97% and market capitalisation falling to N161.260 trillion. Investors traded 2.715 billion shares valued at N158.280 billion during the week, with the financial services sector leading trading activi