NIGERIAN STOCK MARKET POSTS THIRD STRAIGHT GAIN AS AIRTEL AFRICA, BANKING AND INSURANCE STOCKS DRIVE N834.67BN RALLY

June 10, 2026

The Nigerian equities market extended its recovery into a third consecutive session on Tuesday, June 9, 2026, as Airtel Africa’s maximum 10% daily gain alongside broad-based buying in Tier 1 banking stocks and insurance counters drove N834.67 billion equities gains.


The NGX All-Share Index (ASI) appreciated by 0.53% to 244,697.62 points, just as the market capitalization rose by equal percentage, pushing the value of traded stocks to N156.79 trillion, up from N156.108 trillion.


Trading data from the Nigerian Exchange Group (NGX) showed the session built on Friday’s tentative N234.73 billion rebound  the first positive session of June suggesting that the market correction phase that erased about N5 trillion between June 1 and June 4 is beginning to reverse.

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