Geregu, Okomu Oil drag market lower as investors lose N762 billion

Nairametrics | 18-06-2026 08:55am |

The Nigerian equities market experienced a decline on Wednesday, continuing its downward trend as significant selloffs in major stocks, including Geregu Power and Okomu Oil Palm, contributed to the downturn. The NGX All-Share Index fell by 0.49%, resulting in a loss of approximately N762 billion in market capitalisation, which concluded the trading session at N154.45 trillion. This decline reflects the ongoing volatility in the market, affecting investor confidence and overall trading activity.

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