Economy

Banking Stocks Lift NGX as FirstHoldCo, UBA Rally Despite BUA Cement Selloff

The Nigerian Exchange (NGX) closed marginally lower on Thursday as investors rotated into banking stocks while taking profits in selected heavyweight industrial and consumer goods companies. The NGX All-Share Index (ASI) slipped 0.09 percent to close at 242,145.61 points, while equity market capitalisation settled at ₦156.21 trillion. Despite the modest decline, trading activity suggested that […]

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