Exchange Group Plc has acquired equity stake in Ethiopian Securities Exchange , the first securities exchange in the East Africa n country.
According to him, the investment in the ESX reflects NGX Group’s confidence in the potential of Ethiopia’s rapidly growing economy and capital market. Group Managing Director, NGX Group Plc, Mr Temi Popoola, explained that through the investment, NGX Group aims to contribute to robust regulatory frameworks and foster best practices within the ESX ecosystem.
“We believe that by partnering with the Ethiopian Stock Exchange, we can leverage our expertise and experience to contribute to the development of a robust and dynamic capital market in Ethiopia,” Popoola said.
NGX Group Ethiopian Securities Exchange Equity Stake East Africa Capital Markets
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NGX Group Announces Investment in Ethiopian Securities ExchangeNigerian Exchange (NGX) Group plc has made a significant investment in the Ethiopian Securities Exchange (ESX), marking its entry into East Africa and demonstrating its commitment to driving growth and innovation in African capital markets.
Source: thecableng - 🏆 2. / 80 Read more »
Investors gain N146.95bn in market capitalization at NGXInvestors at the Nigerian Exchange Limited, NGX, gained N146.95 billion in market capitalization as the All-Share index soared by 259.90 points to close Friday at 104,647.37 points. The development further heightened investors' confidence as the total market capitalization hit N59.17 trillion at the close of trading on Friday.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
NGX, partners CBN, others to bridge financial literacy gap among studentsThe Nation Newspaper NGX, partners CBN, others to bridge financial literacy gap among students
Source: TheNationNews - 🏆 6. / 69 Read more »
Q1 2024: NGX records 39.8% gains, becomes second best-performing stock in AfricaThe Nigerian stock market gained 39.8 per in the first quarter of 2024, becoming the second best-performing stock amid economic headwinds. This is according to March ending data by NGX. With the feat, NGX became the second best-performing stock after the Zimbabwe Stock Exchange (ZSE) All Share Index, which had about 314.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
NGX market capitalisation down by 0.08%Transaction activities of the stock market on the Nigerian Exchange Ltd. (NGX) declined by 0.08 per cent, making the market capitalisation to close the week at N59.121 trillion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
CISI lists benefits of infrastructure financingThe National Advisory Council (NAC) of Nigeria Group of Chartered Institute for Securities and Investment (CISI) has highlighted
Source: GuardianNigeria - 🏆 1. / 94 Read more »