Why insurance stocks are rallying and investors cashing in

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The Nigerian stock market stayed hot for the 11th straight week, with the All-Share Index jumping 4,491.86 points to close at 145,754.91, a 3.18% gain week-on-week.


Market activity surged, with 7.7 Action shares traded up from 4.8 Action the week before pushing market capitalization to N92.2 trillion, just a step away from the N100 trillion milestone.


But the real fireworks came from the insurance sector.

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