In 2012, Oscar Onyema, former chief executive officer of the Nigeria Stock Exchange (NSE), now Nigerian Exchange Group (NGX), set a $1 trillion market capitalisation target for the exchange by 2016.
Twelve years after, however, the market is far off that target. In naira terms, the market capital
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David Olujinmi
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.