NGX rebounds as 2024 dividend declarations spur ₦437bn growth

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Dividend announcements for the 2024 financial year by corporate Organisations reversed the downward trend on the Nigerian Exchange, generating a ₦437 billion gain for investors.


By the end of the week, the NGX All-Share Index rose by 0.66% to 105,660.64, while market capitalization reached ₦66.26 trillion.


Also, all other indices closed higher, except the NGX Oil/Gas and NGX Commodity indices, which declined by 1.65% and 0.76%, respectively, while the NGX ASeM index remained flat.

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