By Muhyideen Jimoh The Nigerian Exchange Group (NGX) says the market capitalisation of listed companies has risen from N30 trillion in May 2023 to over N150 trillion. NGX Group Managing Director and Chief Executive Officer, Mr Temi Popoola, disclosed this after NGX and Securities and Exchange Commission officials met PresidentContinue Reading
By Taiye Olayemi Operators in the Nigerian capital market have assured investors and stakeholders of their readiness for the transition to the T+1 settlement cycle scheduled to commence on Monday, June 1. The operators gave the assurance during a virtual discourse on “Driving Market Readiness: Trade Associations and the TransitionContinue Reading
By Taiye Olayemi Capital market experts say the restoration of Nigeria’s Frontier Market status by FTSE Russell would boost growth prospects for the country. The experts told the News Agency of Nigeria (NAN) in interviews in Lagos that the development was expected to strengthen investor confidence, enhance liquidity, and attractContinue Reading
By Taiye Olayemi The Nigerian capital market will transition to a T+1 settlement cycle from May 29, as part of efforts to enhance market efficiency and align with global standards. The transition will shorten the settlement period for trades, allowing transactions to be completed one business day after the tradeContinue Reading
