Index to Nigerian Newspapers

In the last seven trading sessions, investors in Nigerian equities have made more than N981 billion in net capital gains, boosting the country's stock markets. The benchmark indices for the Nigerian stock market yesterday rose to a year-to-date return of 4.4 percent on the strength of increased demand across a number of market sectors, which translates to net capital gains of N981.1 billion over the course of the seven trading sessions. The market is reflecting its function as the barometer for the economy, according to Mr. Olatunde Amolegbe, head of the Chartered Institute of Stockbrokers (CIS). Acceptability will trigger a bullish advance all year long; otherwise, the market can experience a reversal, according to Kurfi.