IMF lowers borrowing costs by 36%

Oct. 13, 2024 - Guardian Nigeria

Investor interest in MTN Nigeria, FBN Holdings, Guaranty Trust Holding Company (GTCO), and other equities lifted the market. Notably, the market capitalisation opened at N56.

014 trillion, adding N74 billion or 0.13 per cent to close at N56.

088 trillion. Daar Communications also lost 9.

52 per cent to close at 57k, Tantalisers shed 9.09 per cent to close at 60k, while Dangote Sugar declined by 3.

31 per cent to close at N31 per share. A total of 304.

43 million shares valued at N5.60 billion were exchanged in 6,950 deals, compared with 277.

75 million shares valued at N4.65 billion in 7,091 deals traded in the previous session.

Meanwhile, Access Corporation led the activity chart in volume and value with 68.26 million shares valued at N1.

34 billion...