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Investors lose N48bn as NGX records three days of negative closes

The record sell pressure trailing Nigeria’s Bourse since this week, particularly banking, insurance and consumer goods stocks, spurred a decrease in investors’ wealth in shares by about N48billion. Amid three consecutive days of dismal closes, the negative return seen this week increased to -0.24 percent, fueled by 0.06 percent decline at the close of trading…

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