NGX ASI rises 2.09% as Stanbic IBTC hits 52-week high
The NGX ASI closed up 2.0934% at 1,612.33 on April 14, with insurers gaining traction as Guinea Insurance activated its rights issue, according to the Market Bulletin and analyst notes. Stanbic IBTC hit a 52-week high on April 13 after a sharp intraday rally, MarketForces Africa reports. CIG Motors and Stanbic IBTC launched a vehicle payment scheme, according to Punch Newspapers. Lafarge Africa is seeking shareholder approval to rebrand as HBM Nigeria Plc, according to Businessday NG.
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