Value-hunting investors in Nigeria’s stock market are expected this year to focus on fundamentally strong stocks, particularly in key sectors seen to be benefiting from economic recovery and policy support.
The NGX All-Share Index delivered a return of 37.65 percent in 2024.
The index has now delivered its fifth consecutive year of gains (2020: 50.07 percent; 2021: 6.07 percent; 2022: 19.98 percent; 2023: 45.90 percent) with a five-year compound annual growth rate (CAGR) of 30.85 percent far ahead of returns on T-bills and FGN bonds over
