The market capitalisation of 12 listed Deposit Money Banks in Nigeria has reached N25.1 trillion, reflecting a significant increase over the past five months. This surge is attributed to heightened investor confidence in the banking sector, particularly in major institutions such as Zenith Bank and Guaranty Trust Holding Company (GTCO). The rally in banking stocks indicates a positive trend in the financial market, as investors respond favorably to the performance and stability of these financial institutions.
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