Index to Nigerian Newspapers

The Nigerian Exchange Limited (NGX) has said it is confident that the new administration will take efficient steps to address FX constraints which have continued to challenge the nation’s economy.

The Nigerian Exchange Limited (NGX) has said it is confident that the new administration will take efficient steps to address FX constraints which have continued to challenge the nation’s economy.

The Nigerian Exchange Limited (NGX) has expressed optimism that the new administration will take effective steps to address FX constraints. Chief Executive Officer Temi Popoola welcomed the International Court of Arbitration delegation to the exchange. NGX trades between $250 million and $300 million a day and has declined due to FX constraints. The ICC, with 400 million members in 170 countries, plays a critical role in advocating for the private sector and providing training and capability building to link Nigerian businesses to the global platform of the national chamber of commerce. John Denton noted that the market has sustained a bullish tilt in three consecutive trading sessions, bodes well for investors' confidence and is critical to keeping the market competitive and transparent. He also commended the NGX for its strides in innovation and technology, which aligns with the ICC objectives.

The Nigerian Exchange Limited (NGX) has expressed optimism that the new administration will take effective steps to address FX constraints. Chief Executive Officer Temi Popoola welcomed the International Court of Arbitration delegation to the exchange. NGX trades between $250 million and $300 million a day and has declined due to FX constraints. The ICC, with 400 million members in 170 countries, plays a critical role in advocating for the private sector and providing training and capability building to link Nigerian businesses to the global platform of the national chamber of commerce. John Denton noted that the market has sustained a bullish tilt in three consecutive trading sessions, bodes well for investors' confidence and is critical to keeping the market competitive and transparent. He also commended the NGX for its strides in innovation and technology, which aligns with the ICC objectives.

Despite Nigeria’s soaring inflation and weak economic indices most quoted securities posted impressive performances by out-shining its peers in Sub-Saharan Africa, registering a month-to-date gain of 6.4 per cent at the end of May 2023.