Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks - Investment

Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks (11377 Views)

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Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by press9jatv(op): 9:46pm On Nov 07, 2025

Nigerian Exchange Loses N2.8 Trillion in One Week as Investors Sell Off Stocks Amid possible U.S. Military Invasion Reports

The Nigerian Exchange (NGX) suffered heavy losses this week, with the All-Share Index (ASI) dropping for the fifth consecutive day to close at 149,524.8 points on November 7 — down 501.7 points from the previous session. The week’s decline wiped out about N2.8 trillion in market value, marking a 2.11% weekly loss.

Friday’s 0.33% drop followed a sluggish trading session that saw 527 million shares exchanged across 24,637 deals, compared to 619 million shares traded on Thursday. Market capitalization also slipped to N94.9 trillion from N95.3 trillion, reflecting the continued bearish sentiment.

Analysts attributed the selloffs to investor concerns over the federal government’s proposed 25% capital gains tax on profits above N150 million, expected to take effect in January 2026. Some foreign investors are also reportedly exiting due to rising geopolitical risks, including U.S. President Donald Trump’s recent thre@t of possible military action against Nigeria.

Despite the general downturn, NCR and MCNICHOLS topped the gainers’ chart, rising by 9.94% and 9.82%, respectively. On the losers’ end, BERGER and CILEASING shed 10.00% and 9.86%. In trading activity, WEMABANK and CONHALLPLC recorded the highest volumes for the day.

https://www.instagram.com/p/DQxAixNDJ_s/

11 Likes 1 Share

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by press9jatv(op): 9:48pm On Nov 07, 2025

The fear of Trump is the beginning of mind resetting. United States is not invading Nigeria, it's an operation against terrorists in the country.

79 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by dawnomike(m): 9:48pm On Nov 07, 2025

It was just a matter of time before stocks on NSE correct thw upward trends ..

5 Likes 1 Share

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Dogalmighty17: 9:49pm On Nov 07, 2025

And so it begins. This is what happens when a government is so totally incompetent. Just last night, Fulani attacked a community on the Benue state border and killed people. Totally unprovoked. That road was blocked for hours by protesters until the army came to clear them out. That same army never bothered going after the killers.

Trump's announcement was unfortunate. He may have meant well. As much as I don't support Tinubu and I think he should be voted out, Trump's announcement has only further emboldened these killers to continue their attacks. They want Tinubu gone by all means and want Trump to strike so that radical Islamists from all over West Africa will come over to Nigeria for jihad.

25 Likes 1 Share

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by HgAkpobomeEr: 9:56pm On Nov 07, 2025

Investors are reacting to the threat of invasion.

76 Likes 1 Share

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Streetinvestor2: 10:04pm On Nov 07, 2025

press9jatv:
JUST IN: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks Amid Possible U.S. Military Invasion Reports

The Nigerian Exchange (NGX) suffered heavy losses this week, with the All-Share Index (ASI) dropping for the fifth consecutive day to close at 149,524.8 points on November 7 — down 501.7 points from the previous session. The week’s decline wiped out about N2.8 trillion in market value, marking a 2.11% weekly loss.

Friday’s 0.33% drop followed a sluggish trading session that saw 527 million shares exchanged across 24,637 deals, compared to 619 million shares traded on Thursday. Market capitalization also slipped to N94.9 trillion from N95.3 trillion, reflecting the continued bearish sentiment.

Analysts attributed the selloffs to investor concerns over the federal government’s proposed 25% capital gains tax on profits above N150 million, expected to take effect in January 2026.

Some foreign investors are also reportedly exiting due to rising geopolitical risks, including U.S. President Donald Trump’s recent threat of possible military action against Nigeria.

Despite the general downturn, NCR and MCNICHOLS topped the gainers’ chart, rising by 9.94% and 9.82%, respectively. On the losers’ end, BERGER and CILEASING shed 10.00% and 9.86%. In trading activity, WEMABANK and CONHALLPLC recorded the highest volumes for the day.

Credit: Oriental times

JUNK news from cheap blogger. Go find out what really is the problem. It is about not thought well policy of SW president on CGT
CGT = capital gain tax SW president and his tax man want to reap off investors on ngx so they are pulling thr money out before 2026 when it is to begin

17 Likes 2 Shares

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Freshandfitpod: 1:54am On Nov 08, 2025*

Nigeria is a dead country with jiihadist and it sympathizers in it.

No one will invest in a country with Sharia laws......

8 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by YeyeGbami: 3:27pm On Nov 08, 2025

Eweeh. chaiii wetin do them. Lol trump wey dey use mouth scatter NY stock exchange by himself.

Abeg wake me when serious persons dey issues threat.

64 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by GrammarNazi1(m): 3:28pm On Nov 08, 2025

Bad news.

Not a good outlook.

63 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Guninerma231: 3:30pm On Nov 08, 2025

Exactly. It's a correction..which is normal. Buy the dip

dawnomike:
It was just a matter of time before stocks on NSE correct thw upward trends ..

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by TruthsFM: 3:31pm On Nov 08, 2025

Nawaoooo. America marines will really work on Nigeria soil, sending the terrorists to where they belong

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by jmoore(m): 3:31pm On Nov 08, 2025

Eurobond propaganda don fail.

5 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Richtaiwo(m): 3:32pm On Nov 08, 2025

Streetinvestor2:
JUNK news from cheap blogger. Go find out what really is the problem. It is about not thought well policy of SW president on CGT
CGT = capital gain tax SW president and his tax man want to reap off investors on ngx so they are pulling thr money out before 2026 when it is to begin

Now it is Tinubu fault.

If the report had said the market gains the said money, then tah, it can't be Tinubu effort.

Very funny people.

8 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Guninerma231: 3:33pm On Nov 08, 2025

Where are they pullingout their money to? I want to check something

Streetinvestor2:
JUNK news from cheap blogger. Go find out what really is the problem. It is about not thought well policy of SW president on CGT
CGT = capital gain tax SW president and his tax man want to reap off investors on ngx so they are pulling thr money out before 2026 when it is to begin

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Ironfaceman(m): 3:33pm On Nov 08, 2025

I guess the fact that Trump threatened to attack most have left investors second guessing.

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Putinofrussia: 3:36pm On Nov 08, 2025

Everyday is not Christmas.
I read that they have gained more than #25 trillion since Tinubu came on board.
#25 trillion minus #2.8 trillion.
Abegi.

50 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Johnthesuccess: 3:37pm On Nov 08, 2025

press9jatv:
https://www.instagram.com/p/DQxAixNDJ_s/

Best time to buy cheap stocks.

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by HydraFeeds(m): 3:37pm On Nov 08, 2025

I think it's best US intervene in Nigeria because ethnic politics prevent political holders from making tough decisions.

Especially pushing back Fulani marauders .

2 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Risingblue008(m): 3:38pm On Nov 08, 2025

2.8 trillion,
Hmmmm
That's huge u knw,

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by smokinloud(m): 3:39pm On Nov 08, 2025

Security is the first thing, it's the foundation that good economy is built upon.

3 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by chidiokay: 3:41pm On Nov 08, 2025

Dogalmighty17:
And so it begins. This is what happens when a government is so totally incompetent. Just last night, Fulani attacked a community on the Benue state border and killed people. Totally unprovoked. That road was blocked for hours by protesters until the army came to clear them out. That same army never bothered going after the killers.

Trump's announcement was unfortunate. He may have meant well. As much as I don't support Tinubu and I think he should be voted out, Trump's announcement has only further emboldened these killers to continue their attacks. They want Tinubu gone by all means and want Trump to strike so that radical Islamists from all over West Africa will come over to Nigeria for jihad.

Please dont patronize us here what you even saying, IF the North want Tinubu to go so bad What is Tinubu himself to " STAY" what as he done

In area of security why would you appoint a man like Ribadu as how, when he was chief security of a state what was his record in office ... for Tinubu everything must be politics

And as you can see Since Trump made that statement. .... there superlative goal is how to politicise the whole thing, pitch north vs south, pastor vs imam, they are pushing the almajiris out now just to instigate the south so when we rise people like onanuga and Reno will be there to give it religion colouration

when it becomes North vs south fight, they will change the narrative Trump want to bomb muslims for xtain ... that is the script Tinubu just wrote out

To fight Terrorism no dey Tinubu agenda, where he has balls is to punish Nigerians with morbid policies

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by grandstar(m): 3:45pm On Nov 08, 2025

Though I see the need for tax reforms, I feel the taxes are too high, and the exemptions just too many.

A flat tax of 19% on companies above a certain threshold would be better. Then minimize the exemption.

As for capital gains tax, anything above 15% is high. Also, the size of the exemptions need some moderation.

Government needs to raise revenue, and at the same time, ensure the economy can grow fast.

2 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Yankee101: 3:46pm On Nov 08, 2025

These guys think it’s a joke
Even people building in Abuja and Lagos are pausing projects

2 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by ppogba: 3:50pm On Nov 08, 2025

Streetinvestor2:
JUNK news from cheap blogger. Go find out what really is the problem. It is about not thought well policy of SW president on CGT
CGT = capital gain tax SW president and his tax man want to reap off investors on ngx so they are pulling thr money out before 2026 when it is to begin

No need re- emphasizing that the president is of SW extraction time and again.

It is becoming tedious, boring and neusating

1 Like

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by grandstar(m): 3:50pm On Nov 08, 2025

Streetinvestor2:
JUNK news from cheap blogger. Go find out what really is the problem. It is about not thought well policy of SW president on CGT
CGT = capital gain tax SW president and his tax man want to reap off investors on ngx so they are pulling thr money out before 2026 when it is to begin

A CGT of 30% is too high.

It shouldn't be higher than 15%.

It should be set at a rate that would reduce the desire to evade or avoid it, while at the same boosting revenue, and the economy.

I, for instance, I don't like the 25% company tax. It is too high.

I am about starting an affiliate business. Since my revenue would be foreign based, I could set up an offshore company in a tax haven to avoid the tax.

This wouldn't be necessary if the tax rate was lower.

3 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by Fuckyoumod: 3:51pm On Nov 08, 2025

press9jatv:
The fear of Trump is the beginning of mind resetting. United States is not invading Nigeria, it's an operation against terrorists in the country.

Tinubu's TAXes are chasing them away.

I can't hustle only for one tax master to come and have 25% of my profit.

Una dey krase! I will sell everything and look for investments outside of Nigeria.

3 Likes

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by HacheNoire: 3:57pm On Nov 08, 2025

The stock market is currently brutal but still a time to accumulate if you want to win big!

Re: Nigerian Exchange Loses N2.8 Trillion In One Week As Investors Sell Off Stocks by geoworldedu: 3:58pm On Nov 08, 2025

These are people who believe that Trump can actually come visiting. But why don't some of us want Trump to come sef? Some said he is coming for our resources? Which resources? Are we enjoying any resources like this? Are we not paying exorbitantly to get those resources in the first place? Even food and water which should be cheap and free for all, we pay through our noses to get them.

Please let Trump come if he wants to abeg.

Tinubu declared state of emergency in Rivers, so I don't see anything bad for the USA. to declare a state of emergency on Nigeria, especially the northern part where killings are ongoing daily.

From a girl who lived in Jos which I asked about this thing just yesterday , she said she has always been silent to speak about all these killings in the North but she will tell me.

She told me how the killings out there are 100% true on a daily basis. She said almost all her childhood friends have been killed. Many relatives wasted, etc. They eventually relocated to Abuja to avoid being killed too.

This state of emergency should have been declared on Nigeria more than two decades back. It's not bad now that we are having it.

Trump please come and fight for the weak and the deceased.

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