QuidMetrics

Nigerian stock market slides for third week running

The NGX All-Share Index fell as selling pressure continued across equities.

Nigeria's main stock index declined for the third consecutive week, with the NGX All-Share Index dropping 0.33% to 247,539.73 points in the week ended October 16, 2026, according to NGX data. The slide extended losses across the market.

Renaissance Capital raised its valuation of Dangote Refinery to N700.41 per share during the period.