Nigerian equities lose N3.64 trillion as BUA Cement, Dangote Cement, Geregu lead rout

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The Nigerian equities market experienced its largest single-day loss of the year, with a N3.64 trillion decline driven by heavy selling in major cement and power stocks. This selloff reversed recent market gains significantly.

The Nigerian equities market suffered its steepest single-day decline of 2026 on Wednesday, June 24, as widespread profit-taking in heavyweight cement and power stocks overwhelmed the buying momentum of the previous two sessions. The rout erased a N3.64 trillion in investor wealth, reversing the market's recovery attempt in a single brutal session. The post Nigerian equities lose N3.64 trillion as BUA Cement, Dangote Cement, Geregu lead rout appeared first on Nairametrics.