FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours
The Nigerian equities market saw a massive surge within 72 hours following the FTSE Russell decision to upgrade Nigeria from “Unclassified” back to Frontier Market status. Specifically, the market capitalisation of the Nigerian Exchange Limited (NGX) rose by approximately N1.36 trillion within a three-day window following the announcement, which triggered a “buy” signal for both […] read more FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours
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