Nigerian stocks end eight-day gains as banks slide -LSEG data

ABUJA (Reuters) – Nigerian stocks fell 1.4%, ending an eight day rally on Wednesday as investors booked profits from the relatively liquid banking sector, LSEG data showed.

The All Share Index fell to 82,024.38 points. The stocks index crossed a psychological threshold of 80,000 points for the first time on Monday.

The index of Nigeria’s top 10 banks dropped 7.97% on the day.

(Reporting by Chijioke Ohuocha; Editing by Andrew Heavens)