Business News

Nigerian Stocks Start April Sluggish, Lose 0.04% After Easter Break

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By Dipo Olowookere The first trading session in April 2024 on the floor of the Nigerian Exchange (NGX) Limited ended sluggishly on Tuesday with a marginal 0.04 per cent loss as a result of mild profit-taking by investors. The majority of the key sectors of the exchange encountered selling pressure during the market day, with the industrial goods index depreciating by 0.12 per cent. Further, the banking space lost 0.07 per cent, the consumer goods counter went down by 0.01 per cent, and the energy sector closed flat, while the insurance sector gained 1.37 per cent. At the close of