Despite Hardship, Capital Market, Insurance Boom
Year 2023 seems to be rosy for capital market investors as well as the insurance industry with equity investors gaining N11.7 trillion and insurers mobilising
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Year 2023 seems to be rosy for capital market investors as well as the insurance industry with equity investors gaining N11.7 trillion and insurers mobilising
Data from the Central Bank of Nigeria showed that the increased use of loan apps and fintechs pushed total consumer credit to N2.35tn in the first quarter of 2023.
Government and private companies raised N3.44 trillion funding through Corporate Bonds and Commercial Paper(CP) issuance in two years.
The Association of Issuing Houses of Nigeria has said that N3.44tn was raised through corporate bonds and the issuance of commercial paper by private companies and government agencies.
The Association of Issuing Houses of Nigeria (AIHN) has disclosed that private companies and the government raised N3.44 trillion through Corporate Bonds and Commercial Paper issuance in two years. AIHN President, Ike Chioke, who disclosed this at the group’s Annual General Meeting (AGM) and presentation of the 2022 annual report in Lagos, said the feat…