The Alliance for Economic Research and Ethics LTDGTE
Expert Hails Nigerian Stock Market Cap’s Record 228% Growth To N158trn
The Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has said Nigeria must maintain policy consistency, deepen market liquidity and strengthen investor confidence to sustain its position as the world’s best-perform ing stock market after recording a 228 per cent growth in three years.
Oye said the impressive rise of the Nigerian Exchange (NGX), which saw market capitalisation increase from about N30 trillion in 2023 to N158.3 trillion, represents a significant shift in investor perception of Nigeria’s economy.