Tag Archives: Capital markets

FG, private companies raised N2.55trn from capital market in 2020

The Federal Government and private companies raised more than N2.55 trillion from the capital market in 2020 as government and companies intensified the use of the capital market to finance their activities, despite the lockdowns and disruptions that marked the year. A breakdown of the capital raisers last year showed that the Federal Government raised more than N2.36 trillion through ...

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Despite recession, capital market records net capital gain of N6.48 trn

In spite the COVID-19 pandemic and economic recession, Nigerian equities closed 2020 with a net capital gain of N6.48 trillion. Benchmark indices at the Nigerian Stock Exchange (NSE) showed average full-year return of 50.03 per cent by the sound of the last closing gong for the 2020 business year. This implies net capital gain of N6.483 trillion. The recent highest ...

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