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Insurance Rally Pauses as Profit-Taking Hits Sovereign Trust

The insurance sector’s recent rally lost momentum on the Nigerian Exchange (NGX) on Thursday as Sovereign Trust Insurance Plc retreated from its recent highs. Sovereign Trust Insurance declined 9.73 percent with its share price falling from N2.26 to N2.04, reversing part of the impressive rally that had seen the stock rank among the market’s top gainers […]

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