NGX jumps to 15-year high, gains N1.215trn amid Emefiele's suspension

Amid the suspension of Godwin Emefiele as Governor of the Central Bank of Nigeria, Investors of the Nigerian Exchange Limited (NGX) on Tuesday reacted

DAILY POST gathered that the market opened the week on a positive note with N1.215 trillion gain.

Returning from Nigeria’s Democracy Day’s holiday, the NGX on Tuesday kick-started on an impressive note. Stanbic IBTC Holdings gained 9.33 per cent; FCMB Group, 8.93 per cent; while FBN Holdings’ price rose 2.84 per cent. Food products makers were not left out in the gain­ing spree, as NASCON Allied Industries grabbed 10 per cent gains; Dangote Sugar Refin­ery closed 9.52 per cent up; fol­lowed by Flour Mills with 4.98 per cent; and BUA Foods, 4.5 percent. Food beverage mak­er, Cadbury Nigeria gained 7.8 per cent.

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