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Nigerian equities lose N3.64 trillion as BUA Cement, Dangote Cement, Geregu lead rout

Nigerian equities lose N3.64 trillion as BUA Cement, Dangote Cement, Geregu lead rout

News

The Nigerian equities market suffered its steepest single-day decline of 2026 on Wednesday, June 24, as widespread profit-taking in heavyweight cement and power stocks overwhelmed the buying momentum of the previous two sessions. The rout erased a N3.64 trillion in investor wealth, reversing the market’s recovery attempt in a single brutal session.

The post Nigerian equities lose N3.64 trillion as BUA Cement, Dangote Cement, Geregu lead rout appeared first on Nairametrics.

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