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Nigerian stocks hit four-week high as company reports raise hope

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Investors gained N737.9 billion between Monday and Friday, the best weekly rise since January 1.

Market capitalisation rose by the same margin and stood at N22.187 trillion.

Equities also saw appreciation following the holding of the benchmark lending rate at 11.5 per cent on Tuesday, as the central bank’s monetary policy committee chose not to pursue expansion or contraction to fight inflation.

 

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