The rebound came after a three-day bearish trend.
The Nigerian equities market began the week on a positive note on Monday, as the first trading session of May closed with a gain of N62 billion.
According to the NGX broker performance report, the firms accounted for 52.37 per cent of total trade value.
The bank announced this in a corporate disclosure on Tuesday through the Nigerian Exchange.
The benchmark opened trading at N102.684 trillion, reflecting continued investor confidence and extending the market’s positive momentum.
CBN noted that both institutions failed to meet critical prudential standards.
Mr Tinubu has commended the Indonesian business conglomerate, Tolaram Group, for having absolute faith in Nigeria’s economy.
To safeguard against worsening economic conditions, some have turned to stock trading to grow their funds.
The All-Share Index (ASI) dropped by 0.46 per cent to close at 50,489.73 points from 50,722.33 points recorded on Friday.
Sukuk and Green bonds gained prominence as some of the safest investment portfolios in the last three years.
