“Nigeria needs abundance of power supply and the challenge doesn’t lie on any other institution other than the NSE,” he said.
The DMO says it is set to expand capital market offerings by listing its N130 billion Sovereign Sukuk on NGX and the FMDQ.
The Debt Management Office (DMO) is set to list the 8.375 per cent, $1.25billion, March 2029 eurobond on the Nigerian Stock Exchange (NSE) and FMDQ Securities Exchange Limited.
Cutix Plc, Airtel Africa, Wema Bank, Ardova and First Bank of Nigeria Holdings led the price movement table.
The gain halted the bearish sentiments recorded in two consecutive days.
The Financial Services Industry led the chart with 1.120 billion shares valued at N10.889 billion and traded in 13,514 deals.
All-Share Index inched higher by 1,502.68 or 3.38 per cent to close at 45,957.35 from 44,454.67 posted in the preceding week due to gains by some blue chips.
Specifically, the All-Share Index, which opened at 41,685.22 inched higher by 199.75 points or 0.47 per cent to close at 41,882.97.
A breakdown of the price movement chart shows that FTNCocoa topped the laggards’ chart in percentage terms shedding 7.89 per cent.
A total of 2.40 billion units valued at N16.47 billion were exchanged by investors in 4,811 deals.
