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GTCO, Zenith, UBA drag equities market lower as investors lose N782.44 billion

GTCO, Zenith, UBA drag equities market lower as investors lose N782.44 billion

News

The Nigerian equities market retreated on Tuesday, June 16, 2026, as a broad selloff in banking stocks — led by GTCO, Zenith Bank, UBA, and FirstHoldCo — dragged the NGX All-Share Index (ASI) lower by 0.50%, wiping N782.44 billion from investors’ wealth.

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