Nigerian Stock Market Loses N266bn As Investors Sell Off Major Stocks

The Nigerian Exchange (NGX) suffered a significant decline on Tuesday, losing about N266 billion in market value as investors took profits from stocks like BUA Cement and Wema Bank. This comes after data showed that Nigeria’s inflation rate slightly decreased to 23.18% in February. The All-Share Index (ASI) dropped by 423.48 points (-0.40%), closing at … Continue reading Nigerian Stock Market Loses N266bn As Investors Sell Off Major Stocks