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Daily Business News Brief – February 21st, 2023


Nigerian Stock Market closes positive with market capitalisation up N228billion – Nairametrics
The Nigerian Exchange (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market…….. …………….……..Read More

Yuguda: Capital Market Developing Products to Attract Younger Generation – Thisday
The Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has stated that the capital market regulating body  is working to develop products targeted at making  the market attractive to the younger generation in a bid to further deepen the market ……………….……..Read More

External reserves fall by $427m in one month – CBN – Punch
The country’s external reserves fell by $427.14m in one month, figures obtained from the Central Bank of Nigeria revealed on Monday.This is as the crisis in the country’s currency worsened over the scarcity of the new naira notes…………….……..Read More

Foreign investors’ participation in Nigerian stock market falls to 11% – Official – Dailytrust
The level of participation of foreign investors in the Nigerian stock market has fallen to 11 per cent, as the exit of foreigners from the local bourse continues, an official of the exchange has said …………….……..Read More
fake richard mille
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