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The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is an integrated stock exchange group in Africa founded in 1961 in Lagos.Following the demutualization of the NSE in 2021, NGX Group now has 3 subsidiaries - Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation (NGX RegCo, the independent regulation company; and NGX Real Estate (NGX RelCo).
The MTR Corporation (MTR) was formed as a Crown corporation, mandated to operate under "prudent commercial principles", in 1975. The Kowloon-Canton Railway, operated under a government department, was corporatised in 1982 to imitate the success of MTR (see Kowloon-Canton Railway Corporation). MTR was privatised in 2000 although the Hong Kong ...
Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same. Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar).
When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.
Other trade coins were the so-called silver trade dollars used by Mexico and the USA to buy South American or Chinese goods relatively cheaply. These countries mostly had a currency based on the silver standard or even a paper currency, and domestically set the value of silver too high even though the world market price of silver had long been ...
But many of the big names in this space come with equally big stock prices. Keep reading to find out the best artificial intelligence stocks under $5. Check Out: 3 Things You Must Do When Your ...
Stock exchange MIC Region City Market cap (USD tn) Monthly trade volume (USD bn) Time zone Δ DST Open hours (local time) UTC, winter only Open Close Lunch Open Close New York Stock Exchange: XNYS United States: New York City: 31.64: 1,452 EST/EDT: −5:00 Mar–Nov 09:30 16:00 No 14:30 21:00 Nasdaq (US) XNAS United States: New York City: 30.12 ...
With a predicted high of $5 over the next year, an average target of $4.40 and a low of $3.60, which is still higher than its current price of $2.12, SoundHound could be a smart choice if you’re ...