Nigeria, June 5 -- Nigerian stock exchange continues its growth, closing above the N71 trillion threshold of total market capitalization. This is a testament to the demand for all sectors following the poor performance of oil and gas shares.

The last growth resulted from the bullish momentum in blue-chip and mid-cap giant boys such as Oando Plc, PZ Cussons Nigeria, Guaranty Trust Holding Company (GTCO), May & Baker Nigeria, and First Bank Holdings.

Based on the Nigerian Exchange Group (NGX) numbers, the All-Share Index rose by 0.32 percent to finish at 112,781.73 points, and with it, the resultant rise in overall market capitalisation by N233 billion to N71.118 trillion. The rise is evidence of renewed optimism within the equities marke...