Nigerian Stock Market Records Historic N1.8trn Gain

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The Nigerian Exchange recorded a historic N1.806 trillion gain on Thursday as the All-Share Index rose by 2.01% to an all-time high of 124,446.80.

Market capitalisation hit N78.726 trillion, driven by strong investor confidence, improved liquidity, and ongoing reforms. The session saw 70 gainers, led by UBA, FTN Cocoa, and UPDC, while market activity surged with 1.3 billion shares worth N27.73 billion traded.

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