Bulls resurface on NGX as banks commit to swift alignment with CBN guidelines

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…YtD return rises to +14.51%


Investor confidence in Nigeria’s equities market increased further on Thursday as banks, especially those affected by the Central Bank of Nigeria (CBN) recent directive publicly commit to swiftly align with regulatory guidelines.


The market rose further by 0.92 percent at the close of trading on Thursday, as investors bargain-hunt across sectors. After negative start to this week’s trading, a two-day rally has pushed the market higher this year (Year-to-Date) by 14.51 percent.

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