Nigeria Economic Chart Park

All-Share Index And Market Capitalization

All-Share Index (ASI) (Points)

Stock market underperform post-2014

Market Capitalization (Billion )

Declining investor confidence

All-Share Index: In 2016Q1, the decline in ASI was driven by declines in Banking, Insurance, Consumer goods, Oil/Gas, Lotus Islamic, Industrial, AseM, Pension and Premium NSE indices. However, the ASI increased in 2016Q2 on the account of the rise in all sectoral indices which rose above the levels in the preceding quarter, with the exception of the NSE Oil and Gas index.

Market Capitalization: Market capitalization for all listed securities (equities and bonds) has generally maintained an upward trajectory except during the period surrounding 2009 financial crisis, and post-2015. The poor performance, post-2015, was largely driven by unfavourable macroeconomic developments, currency risk, recovery in developed economies, and the effects of quantitative easing by the US Federal reserve. Particularly in 2016Q1, the weak performance was driven by unfavourable economy policies, low oil price and the attendant impact on FOREX, and delay in the signing of budget.




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Capital Importation And Budgetary Allocation (ITC)

Capital Importation: Given the positive outlook on the ITC sector in the past few years, investments in the sector reached a 10-year peak in 2014. However, the foreign investment fell marginally in 2

Capital Importation And Budgetary Allocation (Transport Sector)

Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016. Budgetary Allocation: Budgetary allocations to the transpo

Capital Importation And Budgetary Allocation (Oil And Gas)

Capital Importation: Investment in the oil and gas sector has remained low since 2009. However, investments into the sector fell more deeply in 2015, on the account of persistent global and domestic c

External Reserve

External Reserve: External reserve picked up from its year-2000 level below $10,000 million to above $60,000 million in 2008. However, the external reserve fell deeply in 2010/11 and even further in 2