NGX rebounds with N30bn gain after SEC hikes capital requirements

The Nigerian Exchange (NGX) rebounded on Friday as investors’ portfolios gained N30 billion following the Securities and Exchange Commission’s (SEC) decision to raise the minimum capital requirements for capital market operators. Friday’s NGX bullish run was propelled by progress in Red Star Express, NCR Nigeria, and SCOA. As a result, market capitalization, which opened at […] NGX rebounds with N30bn gain after SEC hikes capital requirements