Nigerian Capital Market Issuance Hit N1.55 tr In September

in September. Dr Abdul Zubair, SEC Acting Director-General, made the disclosure at the 2017 annual conference of Capital Market Correspondents Association of Nigeria (CAMCAN) in Lagos.

Zubair said that the issuances included equities, bonds and unlisted securities among others. Zubair said that the equities accounted for 12 per cent of the total value of issuances in the market during the period. He said that the secondary market total equities transactions appreciated by 78.6 per cent to N1.66 trillion between 2016 and September 2017.

The acting director-general said that foreign transactions increased by 47.31 per cent during the period. He added that the Nigerian Stock Exchange (NSE) All-Share Index had returned 47.11 per cent as at Dec. 7, showing a remarkable recovery.

Photo Caption: Dr Abdul Zubair, SEC Acting Director-General

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