FUGAZ an acronym for the five biggest banks in Nigeria by market capitalization appreciated by 0.16% as investors in these banks gain a total of N4.33 billion during the trading week. After 5 trading days of the week, 2 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, as United Bank for Africa Plc led the gainers. According to data from the Nigerian Exchange the market capitalization of the top five banks advanced to N2.63 trillion to appreciate by 0.16% during the week. – Nairametrics Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation Nigeria’s forex inflow hits $55.5bn in seven months FG pays $194m for Port Harcourt refinery, plans additional $98m, N17.2bn