Stock Market Gains N9.3trn in One Week as S&P Puts Nigeria on Frontier Watchlist

The Nigerian stock market recorded a significant gain of 9.3 trillion Naira within one week, coinciding with S&P placing Nigeria on its Frontier Watchlist. Concurrently, the country's external reserves increased to 51.74 billion dollars, while the Naira closed at 1,379.60 Naira per dollar at the official market.