The Nigerian Exchange (NGX) ended trading on October 21 with a market capitalisation of N96.134 trillion, equivalent to $65.6 billion. This marks its highest level since June 2023, when the Central Bank of Nigeria (CBN) introduced the floating exchange rate regime. The milestone reflects renewed
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David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.

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