Nigerian insurance stocks jump to peak level ever after new industry rules
President Bola Tinubu signed the Nigerian Insurance Industry Act 2025 into law on Tuesday, taking obsolete laws out of operation ...
President Bola Tinubu signed the Nigerian Insurance Industry Act 2025 into law on Tuesday, taking obsolete laws out of operation ...
The upward trend was driven by strong buying interest in medium and large-capitalised stocks, including Oando.
Twenty-seven equities appreciated in price during the week, higher than 23 equities in the previous week.
Different sectors including ICT, banking as well as consumer goods drove gain.
Year to date, the index is up by 3.82 per cent.
The development followed two straight days of gain by the bourse, which has now fallen by 5.89 per cent so ...
Stoking loss, the banking index dipped 0.75 per cent to 359.93 basis points.
Traders’ risk-off disposition to bellwether stocks like MTN Nigeria, GTB, and Nigerian Breweries triggered the slide.
The all-share index was down by 0.08 per cent.
First Bank Holdings was the most active stock with 79.603 million units of its stocks worth N574.498 million traded in ...
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