In Wednesday’s trading session, Nigerian stocks experienced a 1.4% decline, bringing an end to an eight-day rally, according to data from the London Stock Exchange Group (LSEG). Investors opted to secure profits, particularly from the relatively liquid banking sector.
The All Share Index dropped to 82,024.38 points, after surpassing the psychological threshold of 80,000 points for the first time on Monday.
Further details will be provided later.