Business

Stock market raised N3.85 trillion capital for entities in 2023 – NGX 

The Nigerian Exchange Limited (NGX) has said that the stock market facilitated the raising of over N3.85 trillion by government and corporate entities to finance various projects.


Mr Jude Chiemeka, Acting Chief Executive Officer (CEO), of Nigerian Exchange Limited (NGX) stated this in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos while providing an insight on the contributions made by the NGX in 2023.


He said the figure demonstrates the pivotal role of the stock market in enabling capital formation and investment in the economy.