The Nigerian Exchange (NGX) opened the trading week in positive territory as Investors reacted to President Tinubu’s nomination of Cardoso as the new CBN Governor. President Bola Tinubu had on September 15, 2023, nominated Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, subject to confirmation by the Nigerian Senate. How Equities Reacted Following Cardoso’s nomination, the All-Share Index (ASI) traded 0.71% higher to close at 67,877.17 index points as against 67,395.74 index…
NGX gains N264bn amid Cardoso’s nomination
