Nigeria stocks soar to 59 week high, led by banks

LAGOS (Reuters) - Nigeria's stock index hit a 59 week high on Wednesday, crossing the psychological 24,000 point level, on confidence from the recovery of the banking sector and heavy buying of Union Bank shares, dealers said. Sub-Saharan Africa's second biggest index gained 1.46 percent to 24,365 points at 1148 GMT on Wednesday, after rising consistently last week, hitting its highest since ...
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Added September 05, 2012
from Yahoo Nigerian News