to the Nigerian government in Abuja a masterstroke plan to develop an alternative power solution in the country using nuclear source, the first of such initiative to be seen in Africa’s largest economy. The company’s stock jumped to the top of the gainers’ chart in Lagos and recorded the largest number of deals of the day following the news.
But that itself has been a concern for months on head as size of trade is yet to regain its pre-pandemic, with smart money from foreign investors still elusive to a market so much starved by liquidity that several mind-blowing corporate result thronging the bourse since the start of July have been incapable of swinging the market back to positive year-to-date return.The all-share index was down by 62.26 basis points to 38,547.08 points, while market capitalisation slipped to N20.084 trillion.