Tier-one banks drag market decrease, All-Share Index holds 194,000-line 

The Nigerian All-Share Index closed within the crimson on 25 February, slipping 0.06% to settle at 194,370.2, as losses in tier-one banks dragged the broader market decrease.

This 114.4-point drop from 194,484.6 marks the second consecutive decline because the index climbed above the 196,000 stage on 23 February 2026.

Regardless of the detrimental value motion, buying and selling exercise strengthened, with whole quantity rising to 1.3 billion shares from 1.1 billion shares recorded within the earlier session.

In worth phrases, market capitalisation edged all the way down to N124.7 trillion throughout 70,222 offers, in contrast with N124.8 trillion within the prior buying and selling day.

Market momentum turned barely bearish, with the All-Share Index’s year-to-date return easing to 24.91%, in comparison with 24.98% within the earlier session.

On the gainers’ chart, shopping for curiosity remained selective, as Jaiz {Bank} and Okomu Oil Palm Firm led the advance, rising 9.95% and 9.93%, respectively.

On the flip aspect, profit-taking weighed on RT Briscoe and ABC Transport, each shedding 10% to high the losers’ desk.

By way of buying and selling exercise, Fortis World Insurance coverage led by quantity with 193.6 million shares exchanged, adopted by Zenith Bank (120.6 million), Japaul Gold (114.7 million), Ellah Lakes (98.3 million), and Entry Holdings (63 million).

By worth, Zenith Bank led with N11 billion, adopted by Guaranty Trust Holding Firm (N3.7 billion), Aradel Holdings (N3.04 billion), MTN Nigeria (N2.9 billion), and United {Bank} for Africa (N2.5 billion).

Amongst SWOOTs—shares with market capitalisation above N1 trillion—efficiency was combined however largely tilted to the draw back.

Within the FUGAZ banking section, sentiment was broadly detrimental.

The day’s decline was largely pushed by losses in tier-one banks, because the banking index fell 2.07%.

If the pullback persists, it might lead to both a shallow correction or a deeper retracement, relying on how sustained the promoting stress turns into.