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Nigerian Stocks Slip 0.52 Percent As Profit-Taking Halts Rally

Banks led the decline as investors traded 557.12 million shares and market capitalisation fell N261.92 billion, exchange data showed.

Summary by allAfrica
Nigerian stocks ended the week to October 2 lower as investors reduced positions after gains in recent weeks. The NGX All-Share Index fell 0.52% to 250,808.27 points, while equity market capitalization declined 0.50% to ₦162.843 trillion. The market opened for 4 trading days because October 1 was a public holiday for Nigeria's Independence Day. Despite the weekly decline, the benchmark remained up 61.17% in 2026.

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Nairametrics broke the news on Friday, October 2, 2026.
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