Nigeria’s digital finance ecosystem recorded about $96bn in cryptocurrency and virtual asset transactions, according to SEC Director-General Emomotimi Agama.
Capital Market's GDP Contribution Now 33% with N68.83trn Growth
The contribution of the capital market to Nigeria’s Gross Domestic Product has increased from 13 per cent in April 2024 to about 33 per cent, according to the Director-General of the Securities and Exchange Commission, Dr...
Nigeria’s capital market now contributes 33% to GDP, with total market capitalisation rising to ₦123.93 trillion, up 125% from ₦55 trillion in April 2024, according to the Securities and Exchange Commission (SEC).
The Securities and Exchange Commission (SEC) says listed companies declared dividends totalling N1.1 trillion to shareholders in 2024, and N1 trillion of that amount has already been paid.
The Securities Exchange Commission (SEC) has outlawed unregistered operations of digital asset exchanges and online foreign exchange (FX) trading platforms under the new Investments and Securities Act (ISA) 2025.
