NGX: Losses in banking, insurance stocks wipe N1.88trn

Nigerian Tribune | 08-09-2026 08:30pm |

The Nigerian Exchange Limited (NGX) experienced a significant market downturn on Tuesday, with investors losing N1.88 trillion as banking and insurance stocks declined sharply. The All-Share Index fell by 1.17 per cent to 244,802.11 points, reducing the year-to-date return to 57.31 per cent. The sell-off reflects a broad market correction, impacting investor confidence.

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