{
  "id": 975235,
  "title": "NGX investors lose whopping N3.8 trillion after Tinubu visit",
  "url": "https://urgent.news/2026/08/15/ngx-investors-lose-whopping-n3-8-trillion-after-tinubu-visit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T06:06:36.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/08/15/ngx-investors-lose-whopping-n3-8-trillion-after-tinubu-visit/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Nigerian Exchange Limited (NGX) experienced a significant loss of N3.8 trillion over four trading sessions, concluding the week on a bearish note following a visit by President Bola Ahmed Tinubu. On Tuesday and Wednesday, the market declined by N2.932 trillion, while the losses escalated to N613 billion on Thursday and N257 billion on Friday. The All-Share Index (ASI) also dropped by 0.16 per cent, closing at 242,619.20 points. The decline was primarily attributed to the sell-offs of several stocks such as Fortis Global Insurance, Omatek Ventures, John Holt, RT Briscoe, and Dangote Sugar, among others. Fortis Global Insurance led the losers' chart with a 9.31 per cent decrease, while International Energy Insurance was among the gainers with a 9.92 per cent increase. Market activity weakened during Friday's trading, with a 66.64 per cent decline in total volume traded to 1.41 billion shares valued at N45.31 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}