Over N1.33bn Wiped Off Stock Market As Dangote Cement, Jaiz Bank Record Losses

August 19, 2025

The market capitalisation of the Nigerian stock market closed at N90.22 trillion on Tuesday, August 19, falling below the N91.56 trillion reported on Monday, August 18, indicating a decrease of N1.33 billion.

The all-share index (ASI) depreciated by 2,109 basis points to 142,613.47 ASI, from 144,722.47 ASI.

Join our WhatsApp Channel

About 1.02 billion shares were exchanged in 34,352 deals, valued at N17,66 billion, compared to the previous day’s 1.14 billion shares traded in 38,160 deals, worth N16.17 billion.

Top five gainers

  • Lotus Hal’s share price increased by N10.50 kobo, to rise from N105.05 to N115.55 kobo per share.
  • Enamelwa’s share value grew by N3.25 kobo, from N32.65 kobo to N35.90 kobo per share.
  • DAAR Communications ended trading at N1.23 kobo per share, from N1.12 kobo per share – indicating an increase of N0.11 kobo.
  • Deap Capital gained N0.17 kobo to end trading at N1.94 kobo, having opened with N1.77 kobo.
  • Academy’s share value was up by N0.70 kobo, after closing at N9 from N8.30 kobo per share.

Top five losers

  • Royal Exchange share price depreciated by N0.28 kobo, dwindling from N2.80 kobo to N2.52 kobo per share.
  • Dangote Cement recorded a N57 decline in its share price to end trading at N520 after opening with N577 per share.
  • RT Briscoe lost N0.39 kobo in its share price after trading hours, to sell at N3.56 kobo from N3.95 kobo per share.
  • Jaiz Bank reported a decline of N0.47 kobo from the previous day’s share price of N4.79 kobo to end trading at N4.32 kobo per share.
  • Lasaco recorded a N0.39 kobo decline in its share price to end trading at N3.60 kobo after opening with N3.99 kobo per share.

Top five trading equities

  • Universal Insurance reported that 130.22 million shares valued at N173.67 million were traded on its floor.
  • AIICO recorded 100.11million shares valued at N437.56 million.
  • Mutual Benefits saw investors trade 68.52 million of its shares valued at N310.65 million.
  • Prestige recorded 66.86 million shares exchanged on its floor, worth N135.37million.
  • Regal Insurance reported that 46.14 million shares valued at N69.25 million were exchanged by investors.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: [email protected] and [email protected]

+ posts

Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

Prime Business Africa

Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market
Previous Story

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

Next Story

FG, Police Launch Task Force to Recover Encroached Federal Lands, Roll Out Housing for Officers

Featured Stories

Latest from Business News

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman 

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi
Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market
Previous Story

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

Next Story

FG, Police Launch Task Force to Recover Encroached Federal Lands, Roll Out Housing for Officers

Don't Miss

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

Air Peace Crashes London Flight Fares, Sells Return Economy Class For N1.2m, Business N4m

Ahead of  March 30 commencement of of London flight service,
Aliko Dangote Reveals Refinery Will Not Distribute Fuel In Next 60 Days

Dangote Cement Accuses Kogi Gov’t Of Using Thugs To Attack Workers

Dangote Cement has reacted to the attack on its staff