Nigerias Equity Market Surges N319 Billion in One Week

The Nigerian equity market gained N319 billion in one week, with the All-Share Index rising 0.72% to close at 98,210.75, driven by a 51-stock appreciation.

The Nigerian equity market experienced significant gains last week, with a total appreciation of N319 billion. The All-Share Index rose 0.72% to close at 98,210.75, while the market capitalization surpassed N59.534 trillion. This positive performance was largely attributed to an increase in 51 stocks that appreciated in value during the period.