Nigeria, March 2 -- With the best performance since January 2024, the rally marks the third straight month of increases. With more than 36 billion shares traded thus far this year, market activity was lively, reflecting fresh investor interest in blue-chip and mid-cap equities.
Leading the charge were oil and gas stocks, which rose 33.63% during the month. While many mid-tier companies also produced excellent results, heavyweights Aradel and Seplat had significant gains. Supported mostly by cement titans Dangote Cement, BUA Cement, and Lafarge, Industrial Products followed with a 22.20 per cent increase.
As tier-one and tier-two lenders drew significant volumes, banking equities were also strongly in positive territory, up 16.67%...
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