Nigeria: Trading in Fixed Income, Currency Markets Slumps to N14trn

Nigeria: Trading in Fixed Income, Currency Markets Slumps to N14trn

Trading in the fixed income and currency (FIC) market has slumped back to declining trend after the December 2021 uptick. The January 2022 report just released by the FMDQ Exchange, Nigeria’s financial markets trading platform, has put transaction volume at N14.13 trillion, 31.21 percent down from N20.54 trillion recorded in December, 2021. This is even […]

Nigeria: Trading in Fixed Income, Currency Markets Slumps to N14trn

Nigeria: Trading in Fixed Income, Currency Markets Slumps to N14trn

Trading in the fixed income and currency (FIC) market has slumped back to declining trend after the December 2021 uptick. The January 2022 report just released by the FMDQ Exchange, Nigeria’s financial markets trading platform, has put transaction volume at N14.13 trillion, 31.21 percent down from N20.54 trillion recorded in December, 2021. This is even […]

MTN Group is the biggest company in West Africa by market capitalization - here's the Top 30 list

MTN Group is the biggest company in West Africa by market capitalization – here’s the Top 30 list

A worker walks past an outlet of South Africa’s MTN Group in Johannesburg, South Africa, February 23, 2016. REUTERS/Siphiwe Sibeko/File Photo The market cap of the Top 30 companies for January 2022 was US$116bn, up 4.7% in December. BUA Foods (Nigeria) and Access Bank (Nigeria) are new entrants in the Top 30, replacing Jumia Technologies […]

MTN Group is the biggest company in West Africa by market capitalization - here's the Top 30 list

MTN Group is the biggest company in West Africa by market capitalization – here’s the Top 30 list

A worker walks past an outlet of South Africa’s MTN Group in Johannesburg, South Africa, February 23, 2016. REUTERS/Siphiwe Sibeko/File Photo The market cap of the Top 30 companies for January 2022 was US$116bn, up 4.7% in December. BUA Foods (Nigeria) and Access Bank (Nigeria) are new entrants in the Top 30, replacing Jumia Technologies […]