Popoola stated this at the recently completed ETFs conference themed ‘ETFs in the Nigerian Capital Market: Opportunities and Challenges’ held in Lagos.
The market capitalisation of Exchange Traded Funds (ETFs) listed on Nigerian Exchange Limited, amounted to N9.073 billion in the first quarter of 2021. This is according to the NGX monthly report for March, 2021.
There are 12 listed ETFs on the NGX, which includes; Greenwich Alpha ETF, Lotus Halal Equity ETF, Meristem Growth Exchange Traded Fund, Meristem Value Exchange Traded Fund, Newgold Exchange Traded Fund (ETF), Stanbic IBTC ETF 30, The SIAML Pension ETF 40, Vetiva Banking ETF, Vetiva Consumer Goods ETF, Vetiva GRIFFIN 30 ETF, Vetiva Industrial ETF and Vetiva S & P Nigeria Sovereign Bond ETF.
