Tag: Nigerian Stocks
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NGX market capitalization surges by N144 billion
Equities investors were all smiles as the Nigerian Exchange Group Limited (NGX) witnessed a surge in market capitalization, soaring by N144 billion during Monday’s trading session. Renewed bargain hunting and profit-taking activities contributed to the positive sentiments among investors as they eagerly await the outcome of the ongoing Monetary Policy Committee meeting of the Central…
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President Tinubu’s Reforms Ignite Investor Optimism as Nigerian Stocks Soar
Nigerian equities experienced a significant surge on Tuesday, with the main equity index rising by 5.2 per cent and shares gaining over N1.5 trillion in value. The market’s strong performance was attributed to positive investor sentiments in response to the new policy directions outlined by President Bola Tinubu’s administration. Investors responded favorably to President Tinubu’s…