US EditionNigerian Stock Market Hits 24% Of GDP Amid Bullish Surge » News.ng
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Nigerian Stock Market Hits 24% Of GDP Amid Bullish Surge » News.ng
The Nigerian stock market has seen a remarkable upturn, with its valuation now representing 24% of the nation’s Gross Domestic Product (GDP). This milestone reflects the impact of sustained bullish activity in the equities market. As of the close of trading on Friday, the Nigerian Exchange (NGX) reported a market capitalisation of ₦89.37 trillion, marking an impressive 40% increase since the start of the year. This stock market-to-GDP ratio high…
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