Nigerian Equities rallied to a 5.2% gain on Tuesday as investors reacted positively to the inauguration speech of President Bola Ahmed Tinubu.

In what Nairametrics analysts termed a “TinuBULL”, stocks rallied from the opening sessions, posting one of the best one day returns ever.

All the indices posted positive gains with NGX30, NGX Banking, and NGX Industrial all posting 5.58%, 8.2% and 6%, respectively.

That total number of deals recorded was 9,916,up 56.38%, suggesting that investors were in a bullish mode. Total volumes traded was also up 133.5%, even as market turnover rose up 10%.

The market capitalization of the All Share Index also crossed the N30 trillion mark to N30.35 trillion.

https://nairametrics.com/2023/05/30/tinubull-as-nigerian-stocks-post-5-2-gain-after-inauguration-speech/

How does it affect the common man?

And what makes you feel Tinubu will not steal it?

Jagaban all the way, with just ordinary speech everywhere is setting in. He haven't implement but positive result is about to happen. the only problem is our own people holding the fuel. Trust Jagaban he understands the game.

Lies about the economy loosers, this happened world wide after united states was able to manage and circumvent their debt default issues, stop lying and start working. This rally affected all money markets , stocks, crypto market, world wide

Just shows how useful buhari was and I use was with great delight...to Nigeria.

I just wish heavy probing can start let's begin to open all thier yansh one by one. None of them can boast of a solid integrity... Not even the redeem pastor

Too many animals in this space

I bet you dey are not happy wt dis news.. Dey wl call it names

Nice one.

TinuBULL.

And road users posted - 300% loss

This is how Buhari was propelled to fail.

Remember the famous "fear of Buhari" providing steady electricity in a week of assumption while oil drilling rose to 2.1 million barrels but he ended with a million barrels by not investing where the actual oil is in economic quantity.

Okay

That's an impressive response even if it's just one day yet. Fuel subsidy removal will cause a lot of short-term hardship and I would have preferred a gradual phasing out but in the long run, it's a step in the right direction.

MadamExcellency:
This is how Buhari was propelled to fail.

Remember the famous "fear of Buhari" providing steady electricity in a week of assumption while oil drilling rose to 2.1 million barrels but he ended with a million barrels by not investing where the actual oil is in economic quantity.

He kept chasing shadows looking for oil in the whole north.

Dont celebrate yet, he will soon steal all the gains

Illiterates...

They don't even know that this growth, was occasioned by the American Debt Default ceiling being capped, by both Democrats and Republicans.

Niggaz be ready for more Propaganda to whitewash an obvious dunce of a leader, worshipped by Agbadorians .