Banking Sector Leads Market Decline In June As NGX Index Slumps 11.56%

WIRE — The banking sector emerged as the biggest drag on the Nigerian Exchange Limited (NGX) in June 2026, with the NGX Banking Index declining by 11.56 per cent month-on-month to close at 2,070.11 points amid widespread profit-taking and concerns over proposed regulatory changes. Data from the NGX showed that all major sectoral indices ended the month

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