The market capitalization of listed stocks on the Nigerian Exchange Limited (NGX) advanced by N1.75 trillion in one week, extending to its fourth consecutive week on renewed investor interest, in the banking, oil & gas, and consumer goods sectors.
The market cap increase in one week was driven by the Central Bank of Nigeria’s (CBN) forbearance directive eased following clarifying disclosures from banks, while a softer may inflation print further supported the improvement in overall market sentiment.
