Economy News Correspondent
Ruth Ogbechie
The Nigerian stock market staged a strong rebound as investors recorded a gain of ₦377 billion, buoyed by renewed market confidence after former U.S. President Donald Trump announced a temporary pause on proposed tariffs.
Market analysts attributed the positive momentum to a combination of global cues and local investor optimism. The easing of trade tensions in the U.S. is seen as a favorable signal for emerging markets like Nigeria, encouraging increased participation from both local and foreign investors.
Meanwhile, local events and economic activities also played a role in bolstering investor sentiment, contributing to the market’s upward trajectory.
