Nigerian stocks pull back as profit-taking gains momentum after a strong rally

Nairametrics | 24-03-2026 08:55pm |

The Nigerian stock market is currently navigating a high-stakes “consolidation phase” after an unprecedented rally that saw the NGX All-Share Index (ASI) cross the 200,000-point threshold. The major Nigerian equity market now shows signs of a “healthy pullback” or consolidation following a sharp rise in the past few weeks. The ASI is hovering around 199,014.02,

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