The Nigerian stock market took a significant hit as investors suffered a cumulative loss of N1.06trn following sharp declines in the shares of 41 companies listed on the Nigerian Exchange (NGX).
Key players such as Dangote Cement, MTN Nigeria, Julius Berger, and Honeywell Flour Mills led the downturn, erasing the gains made earlier in 2025 and marking the steepest daily decline in the year.