{
  "id": 601089,
  "title": "NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking",
  "url": "https://urgent.news/2026/08/11/ngx-loses-n1-17-trillion-as-mtn-nigeria-first-holdco-lead-profit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T20:00:24.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/11/ngx-loses-n1-17-trillion-as-mtn-nigeria-first-holdco-lead-profit-taking/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Nigerian equities market pulled back sharply on Tuesday, August 11, 2026, ending a four-session winning streak as profit-taking in large-cap stocks like MTN Nigeria, First HoldCo triggered a reversal of part of Monday's record rally, wiping approximately N1.17 trillion off investors' wealth. The post NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking appeared first on…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Nigeria wants a $1 trillion economy, is NGX ready to finance it?",
        "url": "https://urgent.news/2026/08/11/nigeria-wants-a-1-trillion-economy-is-ngx-ready-to-finance-it",
        "published": "2026-08-11T13:29:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}