Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Nigerian Bourse Expands N1.3 trillion First Week in 2022 In the first week in the financial year 2022, the Nigerian Exchange (NGX) expanded by N1.3 trillion to N23.6 billion amidst rallies and new listing. The Nigerian Exchange closed positive on all trading sessions in the first week of 2022 while it receives BUAFoods listing of 18 billion shares at N40 by way of introduction.  Accordingly, the NGX All-Share index rose 2.7% week on week to 43,854.42 points, market capitalization printed at ₦23.6tn, while year to date (YTD) return printed at 2.7%. Activity level intensified as the average volume and value…

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