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August will be remembered as a month to be forgotten for most Nigerian stocks as investors suffered one of the longest bearish runs this year. The stock market is still reeling having now lost about 14.35% year to date (January to August 31, 2015).
Some stocks have however fared even worse especially those in the banking index. The Nigerian banking index has now lost 18.75% this year performing even worse than the All Share Index. We have compiled a list of the worst performers in the banking sector. These stocks have lost at least 20% or more.
| STOCKS | Close | YtD % ∆ | Yr high | Yr low |
| DIAMOND BANK NIGERIA PLC | 3.18 | -43% | 5.45 | 2.76 |
| FIRST BANK OF NIG. PLC | 6.14 | -30% | 10.19 | 5.23 |
| STANBIC IBTC | 19.64 | -27% | 30 | 18 |
| UNION BANK NIGERIA PLC | 6.3 | -26% | 11.5 | 6 |
| UNITED BANK FOR AFRICA PLC | 3.31 | -23% | 5 | 3 |
| ACCESS BANK NIGERIA PLC | 5.14 | -22% | 6.89 | 4.07 |
