NASD Present At 1st Nigeria-Canada Investment Summit; USI Up By 2.84% WoW

Culled—Proshare

November 9, 2018/ NASD Plc

Nigerian Private and public sector players collaborated to host Canadian diplomats, investors and academia to a three-day summit in Abuja Nigeria.  The event themed “Fostering Strong Business Partnerships into the Future” focused on building sustainable and mutually beneficial partnerships between Nigeria and Canada specifically in six segments which Nigeria has identified as critical and which Canada has significant successful experience. 

The Nigerian delegation was led by his excellency the Vice President of Nigeria Prof. Yemi Osinbajo and the Nigeria High commissioner in Canada HE Ambassador Adeyinka Asekun while the Canadian delegation was led by Mr Ryan Ward (Deputy High Commissioner of Canada in Nigeria). 

NASD Plc, as a critical conduit for the migration of capital and business development was honored to present a paper exploring some options for cross listings and capital raising in both countries – specifically with regards to the six focus of Agriculture, Aviation, Energy, Financial Technology, Infrastructure and Mining.  We look forward to more successful discussions and the increased economic cooperation between both nations.

Market Activities For Week 45

As at close of trade week on 09 November 2018, market Capitalisation increased to ₦487.98 billion from last week’s previous ₦474.49 billion, which shows a 2.84% growth in Capitalisation. Also the USI for the week ending 09 November, 2018 recorded a 2.84% increase from 682.70 points to 702.12 points.

Trade Summary

Proshare Nigeria Pvt. Ltd.

Market in Numbers (Year-to-Date)

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Macroeconomic Indicators 

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