Nigerian stock index rises to more than 20-year high – Refinitiv data

Nigerian stock index rises to more than 20-year high – Refinitiv data

Nigerian stock index rises to more than 20-year high - Refinitiv dataWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>MARKETS>Equities>Nigerian stock index ris...PHOTOABUJA - Nigerian stocks rose to a more than 20-year high on Monday, Refinitiv data showed, owing to positive sentiments over new President Bola Tinubu's reforms and after the government mooted joining the G20 bloc of major economies.The All Share Index climbed 1.1% to close at 68,279.14 points, taking gains this year to 31.76% and surpassing a 2008 peak of 66,286.58 points.Sentiment has improved on the bourse after Tinubu initiated Nigeria's boldest reforms in decades aimed at attracting foreign investors who fled as currency controls were introduced in 2016 to tackle shocks caused by previously low oil prices.(Reporting by Chijioke Ohuocha; Editing by Andrew Cawthorne and Ed Osmond)Disclaimer: The content of this article is