Capital Market Grew By N68tn In 20 Months Amid Liquidity Crisis

Capital Market Grew By N68tn In 20 Months Amid Liquidity Crisis

…Trading Concentration, High Impact Costs Expose Structural Weakness …Despite 33% GDP Contribution, Market Boom Has Not Fixed Shallow Trading—SEC Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising from about N55trn to over N123.93trn, the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has disclosed. Agama also said the market’s contributi…

SEC Forms Group to Fix Nigeria Capital Market Structure

Nigeria’s Securities and Exchange Commission (SEC) has formed a multi-stakeholder working group comprising exchanges, custodians, fund managers, dealing members, and other market operators to address structural issues like high transaction costs for institutional investors and concentrated trading in highly capitalised stocks, which leaves the broader market shallow. Inauguration of the Group aims to boost market liquidity, following the Nigeria…

Capital Market Value Soars To N123.93trn, Boosts GDP Share To 33%

Nigeria’s capital market has expanded by 125 per cent since April 2024, with market capitalisation rising from about N55 trillion to N123.93 trillion, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. He disclosed that the sector’s contribution to the nation’s Gross Domestic Product (GDP) has also climbed significantly from... The post Capital Market Value Soars To N123.93trn, Boosts GDP Shar…