E-Tranzact surges 43 percent as investors drive fintech stock higher

E-Tranzact International Plc was the best-performing stock on the Nigerian Exchange Limited in the week ended October 16, with its share price rising 42.98 percent to N17.30. The fintech company's latest financial results showed that rising operating costs continued to weigh on profitability. Investors drove the stock higher despite that pressure.

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