A six-storey commercial building on Broad Street, Lagos Island, Afriland Towers, caught fire on September 16.
Finance minister Wale Edun announced this on Thursday in Lagos at an investor meeting for the bond issuance.
The All-Share Index shed 0.18 per cent to settle at 103,952.47, as against 104,136.35 recorded on Monday.
The overall market capitalisation value lost N418 billion to close at N27.850 trillion from N28.267 trillion.
The All Share Index (ASI) rose by 71.64 basis points.
The bullish trend was due to bargain-hunting in shares of MTN Nigerian Communications (MTNN) and seven other companies.
The market negative performance was driven by price depreciation in large and medium capitalised stocks.
The negative performance was driven by stocks such as Eterna, Dangote Sugar Refinery, Nigerian Breweries, Oando and Ecobank.
The All-Share Index dipped 16.94 points or 0.04 per cent to close at 39,505.40 from 39,522.34 on Friday.
The All-Share Index, which opened at 37,866.90 rose by 80.28 points or 0.21 per cent to close at 37,947.18.
