First HoldCo, MTNN, other FUGAZ banks power NGX to N961.75 billion gain

AI Summary

Nigerian equities market experienced a strong performance, closing higher with a N961.75 billion gain. Key contributors included First HoldCo, MTN Nigeria, Zenith Bank, and other FUGAZ banks, boosting the year-to-date return to 56.77%, the highest since June 2026.

The Nigerian equities market closed higher for the fifth consecutive session on Thursday, July 9, 2026, as sustained buying in First HoldCo, MTN Nigeria, Zenith Bank, and other FUGAZ names resulted in a N961.75 billion gain in market capitalization, and pushed the year-to-date return to 56.77%, the highest level since June. The post First HoldCo, MTNN, other FUGAZ banks power NGX to N961.75 billion gain appeared first on Nairametrics.