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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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Ecobank posts second-biggest quarterly profit in Q1 2025, driven by core and non-interest income 

Moody’s upgrades Ecobank’s rating outlook from ‘negative’ to ‘stable’ 

July 24, 2025
EU faces widening skilled labor shortage, looks to recruit foreign workers

EU commits €500,000 to support displaced persons in Benue 

July 24, 2025
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