Oyogist has learned that Zenith Bank has emerged as Nigeria’s most capitalised bank on the equities market.
The banking institution gained a whopping N32.97 billion in the month of February 2022 to close at N850.85 billion.
Data which was obtained online showed that the Nigerian Exchange Group (NGX) stock market enjoyed a bullish run in the month under review as the all-share index, the benchmark metrics used in determining the performance market, grew by 2.6 per cent to close the month at 47.395 index points.
The banking sector also followed in the same trajectory as the NGX Banking Index went up by 3.2 per cent month-on-month to close at 453.53 points as of February 28, 2022.
