Market carnage as Bears send stocks diving by 1190.24 points, losses hit N673 billion 

The Nigerian Stock Exchange (NGX) closed on a bearish note as selloffs overtook buying activities.

The All-Share Index dipped by 1,190.24 points to settle at 98,121.30, reflecting widespread negative sentiment among investors, down from its previous mark of 99,311.54 points. 

Market capitalization also witnessed a decline, shedding approximately N673 billion to close at N55.494 trillion, a fall from the preceding value of N56.167 trillion.