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NGX Drops N1.17T in Session

NGX Loses N1.17 Trillion in Single Session as MTN Nigeria and First HoldCo Lead Sell-Off

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaAug 12, 2026

Nigeria's stock exchange shed N1.17 trillion in market capitalisation in a single trading session, with MTN Nigeria and First HoldCo leading the profit-taking. The movement reflects routine equities volatility rather than a structural market event.

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