The Nigerian stock market has witnessed a surge in recent months, with the number of companies boasting Stocks Worth Over ₦1 trillion ($688 million) or SWOOTs, reportedly increasing from eight to 14. This surge, fueled by an uptick in Nigerian banks’ share prices, reflects a notabel shift in investor sentiment towards the African giant’s equities market.
Nigeria’s Trillion-Naira Companies Multiply
Apr 12, 2024
2 minutes
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