A debt fund stole the show in Lagos on Monday, July 13, 2026: Nigeria Infrastructure Debt Fund (NIDF) surged 10.0% to 163.3 NGN, making it the day’s top performer even as the NGX all share index fell 0.37% to 1,817.17. That divergence was the key feature of NGX today: in a market where 44 stocks declined against just 17 gainers, money rotated toward a more defensive, yield-oriented profile.
Key figures
- NIDF: +10.0% at 163.3 NGN
- NGX ASI: -0.37% at 1,817.17
- Market breadth: 17 advancers / 44 decliners / 7 unchanged
- BUACEMENT: -10.0% at 306.2 NGN
- USD/NGN: 1,378.35, up 0.09%
Market context: weak breadth, heavy selling in key names
The Nigerian stock exchange today was broadly negative, with the headline index slipping despite a handful of sharp gainers. The NGX ASI lost 0.37% on July 13, 2026, while market breadth was decisively weak at , and across . That matters because it shows the session was not just dragged lower by one or two heavyweights; selling pressure was spread across multiple sectors.