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Market remains positive as banking stocks rally

The Nigerian equities market began the month of March with a positive performance as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.54 per cent to close at 30,267.18. The market rallied in the past two weeks to close February with a growth of 1.8 per cent compared with a decline of 14.7 per cent in January. When trading commenced yesterday for the new month, the ASI closed with a gain of 0.54 per cent, while market capitalisation added N54.4 billion to close at N10.1 trillio..