FMDQ OTC Plc has said dealing members on its over-the-counter market achieved an overall market turnover of N42.712bn in the first half of the year. This was contained in a statement made available to our correspondent on Tuesday. The statement read in part, “In the first half of the year, […]
Capital Market
Sub-Saharan Africa’s Middle Class to Balloon, Standard Bank Says
Middle-class households in 11 leading sub-Saharan African economies, excluding South Africa, are set to balloon to about 40 million by 2030, as the benefits of economic growth are more inclusively distributed, according to Standard Bank Group Ltd. About 15 million of the 110 million households in Angola, Ethiopia, Ghana, Kenya, […]
NSE year-to-date return drops to 0.10%
The Nigerian Stock Exchange All Share Index edged lower on Monday with its year-to-date return declining to +0.10 per cent as equities fell for the fourth session. Last week, the NSE ASI had shed 2.86 per cent to close on Friday at 41,380.05 basis points. On Monday, the index fell […]
