August Sell-Offs Trigger September Caution, Banks Seen as Market Lifeline
Investor sentiment on the Nigerian Exchange (NGX) is expected to remain cautious in September 2025, following sustained sell-offs that began in August, analysts at CardinalStone have said. In their latest equity research note titled “Broad-based Gains in Global Equities; NGX ASI Stalls,” the analysts observed that profit-taking in stocks that rallied through early August dragged […]