NGX sell-off wipes N5.9 trillion, BUA Foods, MTN take biggest hit

The Nigerian equities market has shed N5.9 trillion in market value in a punishing two-week sell-off. Market capitalisation tumbled from a month-high N160.42 trillion on Monday, August 10, 2026, to N154.53 trillion on Friday, August 21. BUA Foods and MTN took the biggest hits.

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