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Abbey Mortgage Bank surges 10% to lead NGX gainers
A stock that traded quietly for weeks just became the most active equity on the entire Nigerian Exchange on June 5, 2026.
Damilola EsebameJun 8, 2026
Page 20 of 23
A stock that traded quietly for weeks just became the most active equity on the entire Nigerian Exchange on June 5, 2026.
MTN Nigeria shares added ₦12 to close at ₦775 on the Nigerian Exchange, lifting the telecom giant while much of the market slid.
Nigeria’s foreign exchange market just received its biggest regulatory shake-up in nearly a decade, and banks sit squarely in the crosshairs.
If you checked the Central Bank of Nigeria’s exchange rate dashboard in early June 2026, the numbers looked reassuring at first glance.
Something shifted on the Nigerian Exchange on June 4, 2026, and the ETF market made it impossible to ignore.
On June 4, 2026, the naira settled at N1,359.75 per dollar at the official Nigerian Foreign Exchange Market window.
Something unusual happened on the Nigerian Exchange on June 4, 2026, a session that deepened the market’s losing streak to four straight trading days.
A stock that had gained 59% in 2026 heading into the session and posted a record revenue turnaround just months ago fell 10% in one trading session.
Dangote Cement opened trading on June 3, 2026, at ₦1,180 per share and never recovered from the selling pressure that followed.
On June 1, 2026, the Nigerian Exchange’s ETF board told two very different stories at the same time.
Nigeria ended May 2026 with $49.58 billion in external reserves, a figure that seemed improbable when the country’s foreign exchange cushion sat at roughly $32 billion in mid-April 2024.
Seplat Energy closed at ₦10,355 on June 2, 2026, tumbling from an opening price of ₦11,486.20 on the Nigerian Exchange premium board.
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