Nigeria's Capital Market Raises N753 Billion, SEC Chief Highlights Investor Confidence
Nigeria's capital market raised N753 billion from April to October, with a surge in commercial paper issuance indicating growing investor confidence, according to SEC Chief Emomotimi Agama. The market saw significant transactions across various segments, reflecting trust in the regulatory framework and market structure.
Despite a temporary downturn in November due to profit-taking and proposed tax changes, recent improvements in Nigeria's credit rating have boosted investor confidence. Oluwatosin Ogunjuyigbe, a writer and journalist, emphasized the market's resilience and potential for growth.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Stock Market Soars in January 2026, Market Capitalization Up by N6.8 Trillion
Nigeria's Capital Market Records Over N753bn Commercial Paper Issuances in 6 Months
Nigeria Accelerates Capital Market Reforms to Boost Efficiency and Investor Confidence
Nigeria's Stock Market Transactions Double to N9.57 Trillion in 10 Months
SEC Nigeria Enhances Regulations for Sustainable Economic Growth
Nigerian Stock Market Gains N6.7 Trillion in January Amid Oil Price Surge
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
