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NIGERIAN STOCK EXCHANGE
News and stories about Nigerian Stock Exchange
PZ lead the list of active stocks that recorded an impressive volume spike at the end of today's session.
This was partly triggered by soaring crude oil prices despite the resurgence of the COVID-19 pandemic.
The market capitalization presently stands at N13.146 trillion.
Goldman Sachs believes Nigeria will devalue past N500 between 12-18 months.
The Nigerian Stock Exchange's market capitalization presently stands at N13,165 trillion.
Market breadth closed positive as SEPLAT led 18 Gainers as against 10 Losers topped by CHAMPION
Nigerian bourse recorded its second trading loss for the week.
This is coming a few days after UAC Nigeria Plc announced a deal to divest 51% of its shares in UPDC.
The disclosure was made in a notification that was sent to the Nigerian Stock Exchange.
Top on the list of the company’s challenges is that it is over-due for a rebrand.
Its Nigerian operations continues to carry its lagging African
Both directors had been present at the company’s virtual AGM held in April.