Channels Television
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NGX Rally Cools As Profit-Taking Hits Nigerian Equities.
Posted
February 12, 2026
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February 12, 2026
916
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7:23Now PlayingNigeria’s stock market rally is showing signs of cooling at intraday as profit-taking sets in on the Nigerian Exchange (NGX). After several sessions of gains, investors appear to be locking in profits, slowing the upward momentum in equities.
What’s driving the pullback? Is this a temporary pause or the start of a broader correction? We break down the sectors under pressure, where smart money may be rotating, and what investors should watch next. Senior Investment Analyst Onose Asotie-Enaholo highlights the key sectors to watch, noting that the broader rally may still have further room to run.
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