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Verilumia

The Daily Verified Briefing

Markets

Nigerian market loses 479 bn naira as profit-taking persists

Published 3 June 2026

The Nigerian equities market extended its recent decline on Tuesday, shedding approximately 479 billion naira in market capitalization as investors continued to take profits following a sharp selloff at the start of the week. Over two consecutive trading sessions, the market has lost a combined total of about 2.

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