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Nigerian stock market drops by 0.10%, losing N70 billion in value due to banking stock sell-off.
Nigerian stock market performance declined by 0.10%, resulting in a N70 billion drop in market capitalization to N68.895 trillion.
The decrease was due to sell pressure in banking stocks and cautious trading.
The All-Share Index fell to 109,619.10, with 29 stocks gaining and 29 losing.
RT Briscoe Nigeria was the top gainer, rising by 10%, while banking and insurance stocks led the losses.
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El mercado de valores nigeriano cae un 0,10%, perdiendo N70 mil millones en valor debido a la venta masiva de acciones bancarias.