X-raying Nigeria’s weak links with savings, investment and growth
Despite availability of abundant mineral resources in Nigeria and huge income from crude oil, the country still wobbles in its path to growth and development.
Stakeholders bemoan Nigeria’s low capital market-to-GDP ratio
Apparently irked by the current low ratio of Nigeria’s capital market-to-Gross Domestic Product (GDP) size, stakeholders, at the weekend, underscored the need for government to ensure that all interventions and assisted funding must be issued in bonds
Operators seek assets securitisation to boost capital formation
Capital market operators have called for securitisation of assets, and establishment of a mortgage-backed securities market, to facilitate capital formation, and tackle rising housing deficit in Nigeria.
How multiple taxes cripple listed companies’ operations
The incidence of multiple taxes, which have crippled operations of many listed firms in Nigeria, has spawned fresh criticisms, as capital market experts at the weekend...
MTN’s planned listing raises new expectations for market
Capital market stakeholders have stated that the listing of MTN Nigeria on the nation’s stock exchange will dilute the concentration of industry composition of the bourse and enhance overall market capitalisation. An international online media, at the weekend announced that the President and Chief Executive Officer (CEO) of MTN Group, Rob Shuter, had confirmed…
Stakeholders want retail investors to advantage of low stock price
Capital market stakeholders have stressed the need for retail investors to leverage on the current low prices of stocks to expand their portfolio and position for post election capital appreciation. The capital market analysts, who spoke with The Guardian, noted that despite the heightening political tension that has instilled apathy and eroded confidence in the…
Conglomerates reel under harsh environment
The effects of challenging operating environment has continued to assail the operations of the nation’s conglomerates sector, just as the bottom-line of the industry’s quoted companies in the last few years had remained subdued, occasioned by assessed policy issues. Exacerbated by parlous infrastructure, which has inevitably transferred the high production cost to consumers, the companies…
Experts urge investors to patronise service stocks, reduce forex exposure
The capital market analysts, who spoke with The Guardian in a telephone interview, noted that despite the persistent lull in the nation’s capital market, investors should leverage the current low prices of stocks to expand their portfolio.