Nigerian All-Share Index Closes Lower on Bank Losses
The Nigerian All-Share Index closed 0.06% lower at 194,370.2 on 25 February 2026, marking the second consecutive decline after climbing above 196,000 on 23 February. Losses in tier-one banks drove the broader market down, despite increased trading volume (1.3 billion shares vs 1.1 billion). Market capitalization fell to N124.7 trillion from N124.8 trillion. Year-to-date returns eased to 24.91% from 24.98%. Top gainers included Jaiz Bank (+9.95%) and Okomu Oil Palm (+9.93%), while ABC Transport (-10%) and RT Briscoe (-10%) led the losers. BUA Foods (+3.47%) was the standout in SWOOTs, but the banking sector (FUGAZ) declined overall. Should investors monitor banking sector weakness or consider opportunities in gainers like Jaiz Bank?