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    MarketForces Africa » MarketForces News » FBNH, UBA, Zenith Drive Intraday Rally on NGX

    FBNH, UBA, Zenith Drive Intraday Rally on NGX

    Julius AlagbeBy Julius AlagbeMarch 29, 2022Updated:October 11, 2025 News No Comments1 Min Read
    FBNH, UBA, Zenith Drive Intraday Rally on NGX
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    FBNH, UBA, Zenith Drive Intraday Rally on NGX

    Financial stocks including FBN Holdings, United Bank for Africa and Zenith Bank Plc are driving a midday rally on the Nigerian Exchange, Alpha Morgan Capital said in an email sent to their client on Tuesday.

    Yesterday, the market had slipped into a red line due to selling rallies at the beginning of the week, losing about N36 billion.

    Zenith Bank gained 0.21%, according to midday trading data. FBNH share price inches up 0.86%, TRANSCORP appreciates 1.00%.

    Also, FCMB’s share price increased by 1.29%, UBA spiked 1.30%, and NGXGROUP jumps 1.67%. Overall, the NGX All Share Index (ASI) is slightly up by 0.01%. # FBNH, UBA, Zenith Drive Intraday Rally on NGX

    Banks Investors Nigeria
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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