Nigeria's Ngxasi Sheds 6% In April As Banking Stocks Drag Amid Recapitalisation Worries, Investors Bet On Economic Data

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nigerias ngxasi sheds 6 in april as banking stocks drag amid recapitalisation worries investors bet
Trading on the Nigerian Exchange closed positively on Tues­day, but the gain was not significant enough to prevent the NGX All-Share Index from closing bearish in the month of April, thereby halting the rebound and recovering witnessed in March. The decline was not unexpected, given the spate of profit taking, and selling sentiments despite being