News

Stock market weakens despite banking sector’s Q1’23 results

While the local bourse reversed the gains from the previous week as the All-Share Index, ASI fell by 1.1% Week on Week, W/W to close at 67,395.74 points, the banking sector on the Nigerian Exchange Limited has demonstrated its resilience. According to Vanguard, more first-tier banks have graced the market with their impressive half-year earnings reports. […]