The Nigerian equities market witnessed a sharp downturn on Thursday, as investors on the Nigerian Exchange (NGX) suffered a significant capital loss of approximately ₦274 billion. This decline was primarily attributed to sustained profit-taking activities in major stocks, particularly TRANSCORP (-4.4%), FIDELITY Bank (-7.0%), and DANGOTE Sugar (-5.9%), which dragged market performance into negative territory. … Continue reading Market Retreats As Equity Investors Suffer N274bn Loss On Bearish Sentiment