Banking stocks dragged the NGX to a second consecutive day of losses on May 23, as they cumulatively lost N108.54 billion of their market value. Since...
Story highlights Nigerian banking stocks have suffered a sharp decline in the second quarter, exacerbated by the Central Bank’s recapitalization directive. The FUGAZ stocks, comprising major...
Since the start of April 2024, the Nigerian stock market has been on a bearish run, with the All-Share Index (ASI) declining by 6.16% and the...