Tag
FUGAZ BANKS
The FUGAZ banks; First Bank, UBA, Guaranty Trust Holding Company (GTCO), Access Bank, and Zenith Bank have continued to create wealth and add value to investors.
The FUGAZ banks make up over 70% of the NGX Banking sector index, hence, strongly influencing the growth or otherwise of the index.
Among the tier-1 banks, three experienced gains, with FBNH emerging as the top performer, recording a significant 9% increase.
FUGAZ has experienced a 1.75% decline in market capitalization, resulting in a loss of N36 billion for investors.
The market capitalization of FUGAZ has depreciated by 1.49% as of Thursday, leading to a loss of N38 billion for investors in these banks
The market capitalization of Nigeria's tier-1 banks, FUGAZ, increased by 3.11% to N2.56 trillion, with investors gaining N77.5 billion in total.
The market capitalization of the top five banks in Nigeria, otherwise known as the tier-1 banks or FUGAZ, depreciated by 5.32% to close at N2.45 trillion as of Friday.
The market capitalization of the top five banks in Nigeria, otherwise known as the tier-1 banks or FUGAZ,...
The market capitalization of the top five banks in Nigeria, otherwise known as the tier-1 banks or FUGAZ, depreciated by 0.41% to close at N2.56 trillion as of Friday, with investors in these banks losing a total of N10.5 billion.
The market capitalization of Nigeria’s tier-1 banks appreciated by 0.98% to close at N2.49 trillion
The market capitalization of Nigeria's top five banks in Nigeria depreciated by 2.35% to close at N2.49 trillion as of Friday
The market capitalization of Nigeria’s top five banks appreciated by 3.57% to close at N2.55 trillion on Friday, January 13 2023