Investors Gain N1.29tn as Sovereign Upgrade Lifts NGX
The Nigerian equities market gained N1.29 trillion in total market value last week, pushing aggregate capitalisation to N155.83 trillion on the back of fresh sovereign credit rating upgrades. The benchmark All-Share Index climbed 0.81 per cent to close at 241,298.47 points as fund managers poured cash into blue-chip shares. International credit rating agencies upgraded Nigeria’s…