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‘Nigerian equities are long-term play’

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NSE

The decline in the returns from the nation’s equities market has been a source of concern to investors, but also presents an opportunity for bargain hunters in high-value stocks to position for long-term gains.  

This is the submission of the Managing Director of Greenwich Securities Limited, Oby Chiki-Ijegbulem, who spoke on the theme: “Investment Opportunities In The Nigerian Capital Market,” during the menbers’ evening of the Nigerian British Chamber of Commerce.

She noted that some shares listed on Nigerian Stock Exchange were trading below their five-year lows and thus present an opportunity for discerning investors to position for long-term growth, adding: “This is relatively a good time to strategically invest in the equities market.

“Investors however, need to access the right information and build the tenacity to do so.

A lot of people don’t have the necessary information, neither do they have the courage to invest.”

She advised that in identifying opportunities, several factors need to be considered, including the underlying fundamentals of the target stock and the risks that may impact its projected performance.

 


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