Market capitalisation declined by N86 billion, closing at N27.928 trillion from N28.014 trillion posted at the previous trading.
Seplat Energy recorded the highest gain of 10 per cent to close at N869 per share.
The market capitalisation lost N50 billion to close at N22.081 trillion compared with N22.131 trillion achieved on Monday.
Eterna drove the laggards’ chart in percentage terms, shedding 9.03 per cent to close at N6.65 per share.
The indices rallied by 0.14 per cent on Friday following bargain hunting in attractive dividend paying stocks.
The negative performance was driven by market watchers’ sell-off sentiment in the banking sector.
Nigeria’s stock market continues its losing streak on Wednesday as capitalisation dropped further by N12 billion due to profit-taking on banking stocks.
