Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.
Stock investors in Nigeria saw a N4.4 trillion gain in March, led by the banking sector, amid economic reforms and turbulence in the foreign exchange market.
In a striking contrast to global trends, the Nigerian stock market impressively gains N6.29 trillion, outperforming other markets amidst worldwide economic challenges.
Former president Goodluck Jonathan says Nigeria must be greater than any party or sectional interest, urging politicians to rise above ethnic and regional divides.
Nigeria has pitched its Renewed Hope housing partnership to delegations from 36 African countries in Addis Ababa, citing about $125 million in private investment.