Stock market rebounds, investors gain N4.57trn despite Dangote IPO

By Peter Egwuatu The stock market recorded a strong rebound last week as investors gained over N4.57 trillion on the Nigerian Exchange Limited, NGX, despite the ongoing N2.2 trillion Initial Public Offering, IPO, of Dangote Petroleum Refinery. The market had, the previous week, lost N1.9 trillion following widespread profit-taking across major stocks. Analysts noted that […]

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