Nigeria: Investors Gain N15.6trn in H1'24 Amid Monetary Policy Tightening
July 2, 2024--Despite the lull in economy and other challenges, investors on the Nigerian Exchange Limited, NGX gained over N15.6 trillion in the first half of the year, H1'24, a situation attributed to the forex market reforms introduced by the Central Bank of Nigeria, CBN. |
Specifically, the market capitalisation, which represents the total value of equities listed on the Exchange, rose to N56.601 trillion at the end of H1'24 from N40.917 trillion at the end of December 2023. |
East Africa's regional 20 share index June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched. |
African Credit Rating Agency to Launch September 2025 June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
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