The Nigerian Exchange market experienced its first decline in 2025, losing N152 billion as investors offloaded Tier-one banking stocks. The market capitalization decreased by 0.24 percent to close at N63.051 trillion, while the All-Share Index fell by 0.24 percent to 103,398.82. Losses in major banking stocks and other equities contributed to the negative market breadth. Despite the decline, trading volume increased by 10.48 percent compared to the previous session.
The Nigerian Exchange market recorded its first loss in 2025 as investors shed N152 billion following sell-offs of Tier-one banking stocks . The market capitalisation, which opened at N63.203 trillion, lost N152 billion, or 0.24 percent, to close at N63.051 trillion. Notably, losses in Zenith Bank, United Bank for Africa , Access Corporation, Oando Plc, Dangote Sugar, and Nigerian Breweries, alongside other declined equities, pushed the market on the negative side.
53 per share, respectively. Sunu Assurances and Cornerstone Insurance dropped 9.98 percent each to close at N10.01 and N4.15 per share, respectively. On the gainers’ side, Abbey Mortgage Bank and PZ Nigeria led by 10 percent each to close at N3.63 and N27.50 per share, respectively. Learn Africa followed by 9.90 percent to close at N5.44, NCR Nigeria added 9.77 percent to close at N7.30, and NGX Group gained 9.72 percent to close at N29.90 per share.
Nigerian Exchange Stock Market Banking Stocks Market Capitalization All-Share Index
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria's 2025 Budget Targets Inflation Reduction and Exchange Rate StabilityPresident Bola Tinubu presents the N47.9 trillion 2025 budget proposal, aiming for a significant decrease in inflation from 34.6% to 15% and a more stable exchange rate.
Read more »
Tinubu has ordered Nigerian military to end banditry in 2025Minister of State for Defense, Bello Mohammed Matawalle, says President Bola Tinubu has directed the Nigerian military to ensure that banditry is brought to an end in 2025.
Read more »
Nigerian House of Representatives Passes 2025 Budget for First and Second ReadingThe House of Representatives in Nigeria has passed the 2025 budget bill for its first and second readings. Following a debate on the general principles of the budget, the bill was adopted and referred to the Committee on Appropriations. Various lawmakers expressed concerns regarding the budget's projections, implementation challenges, and regional representation.
Read more »
Nigerian Parliament Approves 2025 BudgetThe Nigerian National Assembly has passed the second reading of the 2025 budget, presented by President Bola Tinubu. While some lawmakers praised the budget's potential to boost the economy, others criticized it for being insufficient and lacking focus on key areas like human capital development and environmental sustainability.
Read more »
Nigerian Lawmakers Praise 2025 Budget as 'Huge Improvement'Members of the House of Representatives in Nigeria have lauded the 2025 budget proposal presented by President Bola Tinubu, highlighting its significant increase in funding for key sectors like defense, infrastructure, health, and education.
Read more »
Nigerian House Speaker Promises Timely Passage of 2025 BudgetTajudeen Abbas, speaker of the Nigerian House of Representatives, pledged to ensure the swift approval of the 2025 budget during a joint session with the Senate. He praised President Bola Tinubu's economic reforms and emphasized the legislature's commitment to supporting the budget's implementation.
Read more »