Macroeconomic Report & Economic Updates
January 22, 2016
Nigeria Economic Update (Issue 3)
The
Nigeria stock market indices; All Share Index (ASI) and Market Capitalization
declined by 2.4 percent to close at 26537.36 points and N9.12 trillion
respectively at the end of the trade session this week8 The decline
in the indices, which is attributed to the low subscription for stocks in the
market, led to the partnership between Security and Exchange Commission (SEC)
and Debt Management Office (DMO) to salvage the financial system.