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Home Digital Media Podcast Money Metro

Overview of the Nigerian Economy: Attracting FDIs, ASI at 105.722, and Market Capitalization at 57.8 Trillion

Nairametrics by Nairametrics
February 21, 2024
in Money Metro, Podcast
Follow the Money, Ugodre

Follow the Money

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In this week’s edition of Follow The Money with Ugodre, we were delighted to host esteemed guest Joseph Edgar, widely recognized as the Duke of Shomolu, as he shared invaluable insights into strategies for attracting Foreign Direct Investment (FDI).

Alongside, we delved into the latest market movements, witnessing the All-Share Index (ASI) soaring to an impressive 105,722 points, with market capitalization hitting a remarkable 57.8 trillion Naira.

Despite a minor setback in the previous week, the market has exhibited resilience, boasting a notable year-to-date surge of 41.39%.

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Mr. Edgar’s expertise shed light on FDI dynamics, offering crucial perspectives for navigating the economic landscape and its implications for market performance. Dive deeper into our comprehensive analysis by tuning in to the full episode, now accessible for streaming on Spotify.

Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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  • Weekly Market Wrap: Heavyweights lift ASI up 1.13% as bulls resurface in oil & gas 
  • BUA foods to pay Abdulsamad Rabiu N216 billion in dividends 
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FTN COCOA, UNITY BANK leads as NGX top gainers for the week

Weekly Market Wrap: Heavyweights lift ASI up 1.13% as bulls resurface in oil & gas 

September 13, 2025
Abdulsamad Rabiu’s is $2.2 billion richer in 7 months  

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September 13, 2025
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