'Forex inflows hit $2.55bn in two months' - Punch Newspapers
The total inflows into the Investors and Exporters Window rose to $2.55bn in the months of May and June, according to data obtained from the FMDQ.
Source: punchng.com
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Nigeria's N33 trillion stock market undervalued, trading at discount — Business — The Guardian Nigeria News – Nigeria and World News
Despite its total equity market capitalisation of over N33 trillion and N5 trillion gain recorded in the first half of the year, analysts said the market is undervalued and currently trading at a discount.[
Source: guardian.ng
Stock market sets new milestone, crosses N20tr capiitalisation
The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued unabated for eight successive sessions last week, causing the All-Share Index (ASI) and market capitalisation to appreciate by 5.42 per cent to close the week at 38,800.01 and N20.279 trillion respectively. All other indices finished higher except NSE banking, AFR Bank Value, AFR Div Yield and MERI Growth, which depreciated by 1.03 per cent, 0.95 per...
Source: guardian.ng