Nigeria. NSE Fixed Income Market capitalization hits N17 trillion
Despite the impact of the pandemic on businesses and incomes, the market capitalization of fixed income securities appreciated to over N17 trillion as at October 2020.
This was revealed by the Divisional Head, Listing Business at the Nigerian Stock Exchange Market, Mr. Olumide Bolumole, in a webinar hosted by the Exchange in collaboration with Oduá Chambers of Commerce and Industry on Wednesday 11 November, 2020.
Despite the impact of the pandemic on businesses and incomes, the market capitalization of fixed income securities appreciated to over N17 trillion as at October 2020.
This was revealed by the Divisional Head, Listing Business at the Nigerian Stock Exchange Market, Mr. Olumide Bolumole, in a webinar hosted by the Exchange in collaboration with Oduá Chambers of Commerce and Industry on Wednesday 11 November, 2020.
The webinar, themed “Capital Raising in a pandemic,” elucidated the traditional role of the Nigerian Stock Exchange (NSE) as an enabler of capital flow from areas of surplus to deficit. This holds good promise for businesses, as access to capital is the prime challenge faced by companies active in various sectors of the economy.
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