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The Nigerian Exchange Group through it’s Chief Executive Officer, Jude Chiemeka, has assured investors that their investment is secured.
This was disclosed by the CEO during a panel meeting at the recent Afrinvest 2024 Banking Sector Launch in Abuja, as Nigerian banks rally investors through the NGX to achieve their recapitalization objectives.
Chiemeka underscored the exchange’s commitment to reforming listing rules and encouraging more companies to go public as part of a broader strategy to fortify the capital market.
Recall that in March 2024, the Central Bank of Nigeria raised the minimum capital requirements for all Nigerian banks which has prompted Nigerian banks to embark on investment initiatives to attract investors
FG plans to spend more on debt servicing, capital expenditures
The Federal Government has outlined plans to allocate a significant portion of its budget to debt servicing over the next...
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