ASHON Boss Highlights Key Drivers of Nigerian Capital Market in 2023 – THISDAYLIVE

ASHON Boss Highlights Key Drivers of Nigerian Capital Market in 2023 As investors begin to discuss the likely implications of the upcoming presidential election in february this year on investment decision, the Chairman

As investors begin to discuss the likely implications of the upcoming presidential election in february this year on investment decision, the Chairman, Association of Securities Dealing Houses of Nigeria , Mr Sam Onukwue has identified some factors that will drive activities in the Nigerian financial market.

In his review of the market for last year, he noted that above 20 percent gain recorded by NGX was commendable. He added that the market would have earned higher but for the incessant review of the Monetary Policy Rate , rising inflation rate and inconsistent exchange rate that characterized investment activities in the review period. He however expressed optimism that a more stable monetary policy environment will enhance investment opportunities.

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