CBN Draft Capital Rule Triggers Banking Sell-Off as Market Rebounds on Bargain Hunting

…Aradel remains bright spot with record profit, N23 final dividend

Nigeria’s equities market opened the new week on a bullish note, rebounding from last week’s sharp losses as bargain hunting in banking stocks lifted the Nigerian Exchange, NGX, All-Share Index, ASI, by 0.96 per cent.

The rebound followed one of the market’s toughest weeks in 2026, when a draft regulatory proposal by…