Twenty Companies That Made Tekedia Broad Industrial Average (TBIA) – An Index Of Nigerian Stock Exchange

Tekedia Broad Industrial Average (TBIA) is a stock market index created by Tekedia Intelligence, a division of Fasmicro. It is an index that shows how twenty large, publicly owned companies, based in Nigeria have traded during a standard trading session in the stock market. To emphasis that this index is not restricted to any particular industry such as technology, transportation or banking, we included the word “Broad”. The word, “industrial”, was used within the constructs of different markets. For example, we have the banking industry, hotel and tourism industry, and so one with no implied connotation to the industrial era. We understand that many of the companies in the index are knowledge driven, yet, they operate in an industry.

In this short post, we present the twenty companies that made the Index. More on the index in coming hours with our White Paper on this historic project.