Nigerian Stock Market Gains N256 Billion in One Day Ahead of Christmas

The Nigerian stock market witnessed a bullish trend as investors' wealth surged by N256 billion in a single day, with key stocks like NASCON Allied Industries Plc, BUA Cement Plc, and First Holdco Plc driving the market gains. The benchmark index, ASI, rose by 0.26%, reflecting positive market sentiment.

Notable trading activities included high volumes for companies like Tantal Plc and Aradel Holdings Plc. Additionally, Toni Elumelu and his wife, Vivian Awel Elumelu, were reported to have purchased a significant number of shares in separate transactions.