This edition of the Market Opening Gong gives a wrap-up of activities from the equities, fixed income, and unlisted securities market for Friday, September 16th, 2022.  

From the Highlights:

1. The equities market dipped by -0.13% 
2. Investors lost N35.09bn in the equities market 
3. NEM PLC, ACADEMY PLC, and CADBURY PLC were the top gainers in the equities market. 
4. NSI Market Capitalization was N975.57bn 
5. FMDQ Group Debt Market Size was N29.38trn 
6. The Brent Crude Oil price inched up by +2.41% to close at $91.77. 
7. NGX ASI last week recorded a loss of -0.44% WoW, while the NASD OTC closed negative with a -2.03% loss. 
8. World Bank warned that Rate hikes of Key Central Banks could trigger a global recession in 2023