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Nigeria: The Noire Exhibition Celebrating Black Female Artists
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As analysts point to dangers, proffer solutions
At the backdrop of the recent bullish (trend in the) stock market, just six companies listed on the Nigerian Stock Exchange, NSE, now account for 71 percent of the market size, while a set of 15 accounts for about 90 percent of the market.
The total number of companies on the NSE as at last weekend is 165 with 150 of them confined to the little fragments of the market.
The market capitalisation of the six dominating companies hit N13.722 trillion last weekend while the total market capitalization peaked at N19.236 trillion.
The NSE market capitalisation of the equities refers to the total value of the equities of all the 165 companies listed on the Exchange.
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Border opening spurs stock market
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The equities market rebounded strongly last week after recording momentary losses penultimate week as a result of the negative reaction to the uptick in short-term yields at the Nigeria Treasury Bill (NTB) primary auction with investors gaining N1.334 trillion at the end of the week’s trading.
This is even as stock dealers have said that re-opening of the land borders by the federal government would add more impetus to market recovery.
Though they believe the re-opening may not directly impact on the market, but they said that the expected positive effect on the macro economy would eventually rub off on the market.
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The Noire Exhibition celebrating black female artists
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By Prisca Sam-Duru
It is one thing to be talented, and another to have a viable platform on which the talent will be showcased to the world. Six emerging female artists namely; Blossom Oyeyipo, Pamela Oma, Donna Duke, Zida Kalu, Fiyin Koko and Nneoma Ndukwe, last week in Lagos, scaled through the lack of space hurdle to showcase their ingenuity in visual art.
Their self-efforts birthed a 2-day visual art show titled “The Noire Exhibition: Celebrating the Growth of Black Female Artists”. The exhibition which held at Were Studio, Lekki, Lagos on Friday 11th and Saturday 12th December, 2020, featured breath-taking works of the six artists mostly produced in 2020.
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