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Nigerian stocks rebound as investors gain N73bn on renewed buying interest

Business Pointer Admin6 months ago03 mins

By Seun Ibiyemi The Nigerian equities market returned to positive territory on Thursday as investors gained N73 billion following renewed buying interest in selected large- and mid-cap stocks. Trading activity on the Nigerian Exchange Limited was driven by strong demand for stocks such as International Energy Insurance, ABC Transport, Unilever Nigeria and Academy Press, alongside…

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Equities market loses N577bn as 13-day rally ends

Business Pointer Admin9 months ago9 months ago03 mins

By Adeyemi David The Nigerian stock market reversed its bullish run on Tuesday, shedding N577 billion in market value to halt a 13-day rally amid widespread selloffs in bellwether stocks. Market capitalisation of listed equities declined by 0.48 per cent, dropping from N122.129 trillion to N121.552 trillion, while the Nigerian Exchange Limited All-Share Index fell…

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  • AITEC world launches globally in London, urges investment in Africa’s tourism industry
  • NMDPRA uncovers illegal refinery With 90,000-litre underground tank in Ogun
  • NACCIMA honours NAFDAC DG Adeyeye for industrial growth, anti-counterfeit drug campaign
  • IFC, Access Holdings sign partnership to expand trade finance for African businesses
  • Tinubu celebrates Zenith Bank founder Jim Ovia at 75

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