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
Controversy over Reps move against CBN cashless policy
The House of Representatives yesterday ordered the Central Bank of Nigeria (CBN) to suspend the cashless policy on bank deposits, the implementation of which began on Wednesday this week.
Low yield securities, uncertainties depress banks’ earnings in 2018
Although the Nigerian economy began the recovery process from its worst recession in over 25 years since 2017, but the banking industry recorded marginal improvement in the 2018 financial year.
Experts bemoan effects of political instability on stock market
As the country continues to contend with serious political challenges, stock experts have decried the effect on market activities, urging the political gladiators both the ruling and main opposition parties to embrace dialogue and urgently chart a way forward for the economy. Specifically, they argued that the Nigerian capital market should have wriggled out…
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…
Operators task government on conducive climate for investment inflow
Worried by the over N4 trillion losses incurred by investors due to macroeconomic challenges accentuated by political uncertainties, capital market operators have urged government to instil credibility into the nation’s electioneering process, to make investment environment more conducive. They argued that this would help sustain the gradual recovery witnessed currently in the stock market, and…
‘Why government must use capital market for privatisation’
As the Federal Government steps up plans to offer more of its assets for sale under the ongoing privatisation programme, stakeholders in Nigeria’s capital have renewed the call to ensure that the exercise is done through the capital market.
Uncertainty and Nigeria’s foreign reserves
Uncertainty is not a language of investment, rather, an enemy and speculative, says an economist, Uche Nwagbo. But in the last six months...