NGX CEO Was in LONDON Yesterday Telling Global Investors Nigeria is Open For Business
Yesterday, Popoola appeared live on BBC Newsday in London during President Tinubu's UK state visit, declaring that Nigeria's capital market is undergoing a full re-rating by global investors.
His exact words: "What we are seeing is a gradual re-rating of Nigeria. Investors are beginning to assess data, returns, reforms and improving macroeconomic direction, and that is changing sentiment."
This is HUGE. When foreign capital starts flowing into NGX:
Demand for bluechip stocks increases
Naira gets indirect support
Valuations re-price upward
Popoola stressed that the focus now is ensuring global recognition translates into sustained capital flows not just short-term interest.
Are Nigerian stocks finally becoming a global investment destination? What stocks do you think foreign investors will target first?
Yesterday, Popoola appeared live on BBC Newsday in London during President Tinubu's UK state visit, declaring that Nigeria's capital market is undergoing a full re-rating by global investors.
His exact words: "What we are seeing is a gradual re-rating of Nigeria. Investors are beginning to assess data, returns, reforms and improving macroeconomic direction, and that is changing sentiment."
This is HUGE. When foreign capital starts flowing into NGX:
Popoola stressed that the focus now is ensuring global recognition translates into sustained capital flows not just short-term interest.
Are Nigerian stocks finally becoming a global investment destination? What stocks do you think foreign investors will target first?