Equities investors lose N40.37bn as tier-1 banks drag NGX market downward

Equities investors faced a N40.37 billion setback yesterday as the NGX All-Share Index (ASI) slipped by 7 basis points, closing at 95,831.51 points.

The downturn was largely driven by underperformance in Tier-1 banks, including GTCO (-0.66 per cent), FBNH (-1.21 per cent), and UBA (-1.79 per cent), which overshadowed gains from other key stocks.

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