Broad-based Selloffs Deepen Market Losses By N2.29trn W-o-W

The Nigerian equities market extended losses into a second consecutive week by N2.29 trillion on sustained selloffs in Banking, Insurance, Oil & Gas, and Industrial Goods stocks. Consequently, the benchmark NGX All-Share Index (ASI) shed 2.51 per cent week-on-week to close at 141,004.14 points. Also, market capitalisation dipped by N2.29 trillion to N89.209 trillion, reducing

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