NGX Hits Record High: Aradel, Nestlé & MTNN Drive Historic N5.1 Trillion Surge
Автор: News Central TV
Загружено: 2026-02-17
Просмотров: 48
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In a groundbreaking session on the Nigerian Exchange Limited (NGX), market capitalisation surged by N5.1 trillion, marking the largest single-day gain in NGX history, pushing total market capitalisation above N120 trillion. This monumental rally (+4.37%) was fueled by key blue-chip stocks such as Aradel Holdings, Nestlé Nigeria, MTN Nigeria (MTNN), and others.
Join Kehinde Jones, Head of Research at Anchoria Asset Management Limited, as he breaks down what led to this historic surge, how it’s impacting the market, and whether the rally will continue. From the role of Retirement Savings Account (RSA) fund reforms to the performance of the oil and gas sector, we unpack the key drivers behind the NGX's explosive performance.
In this conversation:
What’s behind the rally that’s breaking records at NGX?
Can we expect MTN Nigeria to hit the N1,000 mark in 2026?
Is it too late to jump in, or will the rally keep soaring?
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