Nigeria's stock market achieves a 39.84% YtD gain in Q1 2024, despite economic challenges.

Nigeria's stock market offers the second-best return in Africa with a 39.84% year-to-date (YtD) gain in Q1 2024, despite economic challenges like rising insecurity, inflation, and interest rates. The NGX All-Share Index (NGX ASI) gained 39.84% from 74,773.77 basis points at the start of the year to close at 104,562.06 points on March 28, 2024. The market capitalisation also increased by N18.2 trillion to close at N59.121 trillion.

April 01, 2024
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