....as secondary market turnover in FMDQ hits ₦48.9tr According to the latest Domestic and Foreign Portfolio Investment Report of the Nigerian Exchange Limited , total domestic transactions accounted for about 89 per cent…
An analysis of the total transactions executed between the current and prior month revealed that total domestic transactions increased by 52.1 per cent from N292 billion in February to N444.3 billion in March 2024. Also, retail investors outperformed Institutional Investors by 0.6 per cent. A comparison of domestic transactions in the current and prior month revealed that retail transactions increased by 37.9 per cent from N161.9 billion in February to N223.4 billion in March 2024 while the institutional composition of the domestic market increased by 69.8 per cent from N130.1 billion in February 2024 to N220.9 billion in March 2024.
According to FMDQ Securities Exchange, Foreign Exchange and Money Market transactions dominated secondary market activity, jointly accounting for 75.4 per cent of the total secondary market turnover in March 2024.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
Gov. Nasir Idris of Kebbi has released N309.5 million for the payment of foreign scholarships to 86 indigenes studying in India and Egypt. The Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, made this known at a news conference in Birnin Kebbi on Tuesday. The commissioner said “Gov. Nasir Idris has made payment of foreign scholarship…