Nigeria's Stock Market Cap to Hit N262 Trillion by 2026, Says Expert
Bismarck Rewane, a non-executive director at Parthian Partners, forecasts that Nigeria's stock market capitalization on the NGX will surge to N262 trillion by 2026. This growth will be fueled by new listings, stronger earnings, and enhanced market efficiency.
Rewane emphasizes the need for institutional strengthening and market expansion to boost domestic capital mobilization. Ireti Samuel Ogbu of Africa Finance Corporation advocates for strategic reforms and a focus on human capital development.
Olufemi Odukoya highlights the transformation of Nigeria's pension industry, projecting an asset base of N30 trillion by next year.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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