Investors lose N11bn as banking stocks dip further

Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn at the end of trading on Wednesday as banking stocks declined for the eighth consecutive trading day. The NGX All-Share index dropped by 0.05 per cent from 38,873.85 basis points to 38,852.69bps, while the market capitalisation decreased from…

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