NASD Supports Initiatives to Ease Capital Raising for Growth Enterprises

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Friday, December 14, 2018 / 06:55 PM / NASD Plc

 

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Business Day Award Ceremony For The Top 100 Fastest Growing SMEs In Nigeria

SMEs are an essential component in the fabric of every economy, and in recognition of this, NASD Plc was in attendance at the award ceremony organized by Business Day to celebrate and recognize “the top 100 fastest growing SME’s in Nigeria”. 

The event was graced by SMEs, as well as, business leaders from various sectors across Nigeria. There were a number of notable attendees at the event, such as; Uyi Akpata (Country Senior Partner, PwC), Solape Hammond (CEO, Impact Hub), Bola Ajomale (CEO, NASD), Onyeka Akmah (Founder, Farmcrowdy), Anthonio Pinheiro (Director of Operations, Andela) among others.

“Innovation & Technology in Entrepreneurship: A Stimulant for Economic Growth” was the topic of the panel discussion. The discuss created an avenue for the panelists to share their unique challenges as entrepreneurs and proffer sound advice to SMEs in attendance on harnessing innovation & technology positively.

NASD through its enterprise portal [NASDeP] firmly supports all initiatives to ease capital raising for growth enterprises.  We were pleased to be a part of the award ceremony to the fastest growing SMEs in Nigeria.  In handing out awards to these potentially high growth companies, we seek to encourage their growth, governance and sustainability.  We also look forward to them joining the NASDeP information repository and ultimately - creating liquidity…transparently.

Market Activities For Week 50

As at close of trade week on 14 December 2018, market Capitalisation increased to 492.97 billion from last week's previous 489.22 billion, which shows a 0.77% increase in Capitalisation. Also the USI for the week ending 14 December, 2018 recorded a 0.77% increase from 703.90 points to 709.29 points.

Trade Summary

 

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Market in Numbers (Year-to-Date)

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Macroeconomic Indicators 

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Proshare Nigeria Pvt. Ltd.

 

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