Market activities in the month of April continued with positive trends further recorded after the presidential election as MTD market performance stands at +9.33% while YTD performance also closes with +0.15% gains to move out of the red zone. 

Despite the positive stance, primary market activities such as IPOs and rights issues which remains a barometer with which the market can also be gauged was relatively non-active in the period under review while the apex regulator continue to push new rules and regulation into the market. 

The Securities & Exchange Commission in its effort to development the Nigerian capital market continued to push forward draft rules and regulations. Prominent of them is the rules on the demutualization of Securities Exchanges in Nigeria.