Investors on Monday dumped banking stocks, plunging the sector’s index into a daily loss of 4.78percent, its biggest loss since the beginning of the year, at the close of trading on the nation’s bourse on Monday.
Despite a decent result by tier-1 Zenith Bank on Friday, its shares tanked 3.78p
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Olufikayo Owoeye
Olufikayo is a graduate of Computer Science with Economics from the prestigious Obafemi Awolowo University Ile-Ife. Prior to joining BusinessDay, he has worked with some notable media outfit in the country. Armed with training in Consulting and Investment banking from Edubridge Academy. He has a very keen interest in Emerging markets, Politics, Mergers and Acquisition. He loves traveling and watching football. You can contact him via [email protected]