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Fidelity Bank drops 2.44% as NGX sell-off drags on
Fidelity Bank slid to ₦20.00 a share as the Nigerian Exchange extended a brutal losing streak that has now erased nearly ₦6 trillion in market value.
Peace LongeAug 22, 2026
Peace is a personal finance writer and journalist who explains money, markets, and everyday financial decisions in clear, practical language. He focuses on helping readers understand what actually matters, without noise or unnecessary complexity.
Fidelity Bank slid to ₦20.00 a share as the Nigerian Exchange extended a brutal losing streak that has now erased nearly ₦6 trillion in market value.
TotalEnergies Marketing Nigeria hit the NGX daily price floor as the broader market logged its longest losing streak of 2026.
Skyway Aviation opened at its highest price in a year before a broad NGX selloff dragged it to the daily loss limit, raising fresh questions about the stock’s valuation.
NGX trading activity more than doubled in a single week as investors swapped 12.15 billion shares, yet the All-Share Index still closed lower.
Transcorp Power sat at its 52-week floor of ₦219.60 on August 14 as the broader NGX selloff dragged the stock deeper into yearly-low territory.
Nestle Nigeria barely moved on August 13 as BUA Foods, Guinness, and NASCON each shed roughly 10% in a consumer goods rout that erased N613 billion from the NGX.
Dangote Sugar closed higher on a session that wiped ₦1.76 trillion from the NGX, and the reason goes beyond one good day.
Guinness Nigeria shed nearly 9% on August 11 as a sweeping selloff erased N1.17 trillion from the Nigerian Exchange in one session.
Airtel Africa has now snapped up more than 17 million of its own shares in under three months, with every single one headed for permanent cancellation.
Dangote Cement crossed a key psychological price threshold as selling pressure hit blue-chip stocks across the Nigerian Exchange on August 7, 2026.
Julius Berger, one of the NGX’s best-performing infrastructure stocks in 2026, just lost nearly 10% on a trade so thin it exposes a deeper structural problem on the exchange.
Nigeria’s latest inflation expectations data shows the squeeze is not falling evenly across income groups, and the hardest-hit earners may surprise you.
TotalEnergies Marketing Nigeria lost a tenth of its stock value in a single NGX session, and the volume behind the drop raises uncomfortable questions about price discovery.
BUA Foods shed a tenth of its value on the NGX in a single session, but the number of shares that actually changed hands raises more questions than the price drop itself.
Aradel Holdings delivered a record ₦1.06 trillion in operating profit for H1 2026, but the bottom line tells a far more complex story beneath the surface.
Seplat Energy declared its highest quarterly dividend on record at 12 cents per share, raising fresh questions about what fueled the rare bonus and whether it can last.
Airtel Africa just printed a fresh all-time high on the Nigerian Exchange, and the numbers behind the rally suggest this telecom giant may only be warming up.
Nascon Allied Industries posted its strongest half-year earnings in recent memory, but the profit surge hides a growing tension buried in its balance sheet.
Okomu Oil saw its share price nearly double in twelve months, but one analyst firm sees a steep fall ahead.
NPF Microfinance Bank posted ₦2.04 billion in half-year profit, but a 121% spike in funding costs hints at deeper pressure beneath the surface.
United Capital posted one of its strongest half-year results on record, but the real story hides inside one revenue line that barely registered twelve months ago.
Seplat Energy, Nigeria’s most expensive stock surged past ₦11,600 resistance while the broader market shed ₦305 billion in a single session.
MTN Nigeria barely moved on July 23 while premium banking stocks rallied and several large-caps crashed into the daily limit.
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