Nigeria's stock market closed on a bearish note on Friday, October 16, 2026, according to NGX data. Market capitalisation of listed equities fell by N108.7 billion, or 0.07 percent, to N160.73 trillion, down from N160.83 trillion the previous day.
The decline marked a weak end to the week for the Nigerian equity market. The fall signals cooling investor appetite in the country's bourse as trading activity wound down.