EQUITY MARKET EXPERIENCE A MAJOR DECLINE IN THE MONTH OF APRIL
The Nigerian Exchange Limited (NGX) reported that the total transactions in Nigeria’s equity market decreased by 36% in April, amounting to N346.23 billion. This decline, from N538.54 billion in March, is indicative of cautious investor sentiment due to ongoing market volatility. The NGX All-Share Index notably plummeted by N3.57 trillion […]
IS CASH KING IN A HIGH INFLATED ECONOMY
Inflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. The consistency of the general price level can wreak havoc on personal finances and the broader economy. Nigeria’s economy, faced with soaring inflation rates, challenges the conventional[…]
THE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 20th – 24th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.986 billion shares worth N40.715 billion in 38,487 deals. This represents a decrease in value compared to the previous week, where[…]
UK’s MOBILIST Programme: A Game-Changer for Nigeria’s Capital Market
The UK Government is rolling up its sleeves to turbocharge Nigeria’s capital market with its dynamic MOBILIST programme. This initiative isn’t just talk; it’s about action and innovation, aiming to transform Nigeria’s market into a powerhouse for economic growth and clean energy solutions. At the heart of MOBILIST is the[…]