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SWOOT Stocks Shed N11.97T in Selloff

SWOOT stocks shed N11.97 trillion in FX-driven Nigerian market sell-off

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaJul 5, 2026

Nigeria's SWOOT blue-chip stocks lost N11.97 trillion in market capitalisation as profit-taking and foreign exchange pressures triggered a broad sell-off. The decline signals FX-driven equity market volatility relevant to Nigerian equity-exposed investors and technology sector stakeholders.

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