Nigeria’s listed banks are moderating record gains on the Lagos bourse as investors reprice the stocks lower in response to the disappointing earnings reports of most lenders.
This is as the value of equities transactions on the NGX reached N8.538 trillion in nine months to September 2025, rising by 115 percent from N3.968 trillion obtained in the corresponding period of 2024.
From a high of +51.22 percent as at trading week ended Friday, October 24, the stock market has moderated its rally as evidenced in NGX ASI year-to-date (YtD) retur
