The Nigerian stock market has recorded its eighth consecutive session of losses, with investors losing a staggering ₦5.45 trillion in market value.
The decline has continued since August 11, 2026, as selling pressure and profit-taking hit stocks listed on the Nigerian Exchange Limited (NGX).
According to the report, investors lost about ₦3.8 trillion during four consecutive bearish sessions last week. Between Monday and Thursday this week, another ₦1.65 trillion was wiped from the market.
Thursday’s trading session alone resulted in a loss of approximately ₦440 billion, as investors continued to sell off several large- and mid-cap stocks.
📊 What is driving the decline?
The latest losses have largely been linked to profit-taking by investors, particularly in major and mid-sized companies whose share prices had previously recorded gains.
The prolonged sell-off has now erased a significant portion of the market’s earlier gains and increased concerns among investors about the direction of the Nigerian equities market.
Key figures
- ₦5.45tn — total market-value loss over eight sessions
- 8 sessions — consecutive bearish trading sessions
- ₦3.8tn — loss recorded over four sessions last week
- ₦1.65tn — additional loss from Monday to Thursday
- ₦440bn — loss recorded on Thursday alone
Bottom line: The NGX is experiencing one of its sharpest recent losing streaks, with ₦5.45 trillion in investor wealth wiped out in just eight trading sessions as profit-taking and selling pressure continue to weigh on the market.
