NGX opens investigation into Zichis Agro-Allied after shares surged nine times in one month

NGX opens investigation into Zichis Agro-Allied after shares surged nine times in one month

Nigerian Exchange Group (NGX Group)

As of the close of trade last Friday, the stock was quoted at N17.36 in Lagos, marking a surge of 859.1 per cent in the valuation of the company in less than five weeks. Market capitalisation is presently N10.4 billion, which compared to a little above N1 billion at listing.

The post NGX opens investigation into Zichis Agro-Allied after shares surged nine times in one month appeared first on Premium Times Nigeria.

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