The Nigerian stock market yesterday closed on a positive note as price appreciation in MTN Nigeria Communications (MTNN) and 26 others pushed the overall capitalisation up by N508 billion.
The Nigerian Exchange Limited (NGX), yesterday posted its highest gain year-to-date (YTD) gain, as investors' wealth soared by N792 billion, buoyed by bargain hunting in Presco Plc and 33 others.
The Securities and Exchange Commission (SEC) has expressed its readiness to improve the regulatory framework as regards borrowing by governments and corporate entities.