Markets
NGX rally accelerates as banking stocks push index to eight-month high
Lenders led a broad advance after a softer inflation print revived bets on a pause in the tightening cycle.
Adaeze Okonkwo5 min read
2 results for “banking stocks”
Lenders led a broad advance after a softer inflation print revived bets on a pause in the tightening cycle.
A sustained run in financial-sector stocks lifted the value of the Nigerian Exchange to a record N164 trillion at the end of September, capping one of the strongest equity rallies in years.