BusinessDay
Nigeria's leading finance and market intelligence news report.

These 5 Nigerian stocks control 80% market capitalisation

Investors in Nigeria’s stock market have always been rotating around five stocks that control 80 percent of the entire market capitalisation according to EFG Hermes, an Egypt-based investment bank. The major stocks in a rotating number include MTN N, Dangote Cement, Nestle, Airtel and BUA Cement. In addition, the banks have been most active in…

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