Nigeria’s Stock Market Outpaces Inflation, Gains 37.65% In 2024

Independentng | 01-01-2025 05:34pm |

...Market Cap Rises To N62.76trn LAGOS – Despite shedding 222.95 basis points or 0.2% on Tuesday, just before the Nigerian Exchange Limited (NGX) closed trading for the year 2024, the Nigerian mar­ket gained a cumulative 37.65%, closing at 102,926.40bps, staying above inflation thereby ensuring a positive real rate of returns. Rising consistently over re­cent months, [...]

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