Money market funds hold 68% of Nigeria’s collective investment assets
Net assets reached 9.89 trillion naira on 9 October. Money market and dollar-denominated funds together held almost 86% of the total.
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Nigerian Exchange Group
Overview
The overview of Nigerian Exchange Group is being prepared.
Latest news about Nigerian Exchange Group
Article list
Nigeria targets 20 million retail investors by 2036
The new ten-year plan presented in Abuja also aims for 250 listed companies. The regulator is counting on digital channels to widen saver participation.
Dangote refinery reports 4.73 billion dollars in profit over nine months
The Nigerian refinery more than doubled its revenue over nine months. The accounts are still unaudited, and the 1.6 billion dollar offer remains open.
Dangote pushes back closing of its 2,152.5 billion naira offer to October 27
The company cites strong demand and wants to widen access for African investors to an offering still subject to national rules.
Dangote’s IPO runs into national rules across Africa
The 2,150 billion naira offer is registered in Nigeria, forcing investors from other countries to go through their own regulators and a limited number of intermediaries.
Executives
No executive has been listed yet.