
Nigerian Equity Market Resilience Amid Global Challenges
Explore the Nigerian equity market's steady gains and sectoral strengths as it navigates global trade uncertainties.
In this episode of UK Business Morning, we delve into the Nigerian equity market's recent performance, highlighting the NGX All Share Index's approach to the 122,000-point level. Lewis breaks down the key drivers behind the market's stability, including strong gains in electronic technology and producer manufacturing sectors. We also discuss the corporate debt market's growth, strategic partnerships like Sunbeth Energies and Dangote Petroleum, and the anticipation surrounding Q1 2025 GDP figures. While the market shows resilience, we examine the risks posed by global trade tensions and the importance of upcoming economic data.