NSE Hosts Retail Investor Coverage Workshop​​​

Must Read

15 Wool Braid Hairstyles You Should Try

Wool braid hairstyles have been popular for years and show no signs of slowing down. Wool braids allow you...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...
NSE Hosts Retail Investor Coverage Workshop​​​NSE Hosts Retail Investor Coverage Workshop​​​

The Nigerian Stock Exchange (NSE) organized a Retail​ Investor Coverage Workshop​​​, themed, “Investment Masterclass: Making Your Money work”, on Monday, May 13, 2019, the NSE event centre in Lagos. The event which featured presentations from key industry influencer market specialists and investment strategists across Nigeria was designed to provide vital and strategic information targeted at equipping existing and prospective investors with useful skills to effectively manage and grow financial resources at their disposal, as well as expose them to retail investment opportunities available in the capital market.

NSE Hosts Retail Investor Coverage Workshop​​​

In his remarks,  the Divisional Head, Trading Business, NSE, Mr. Jude Chiemeka, said that “Nigeria has a population of over 190 million people and is the largest economy in Africa. However, the current financial inclusion indices of 48 percent leave much to be desired. Currently, there are about three million retail investors in the Nigerian capital market, representing only three percent of the total adult population in the country”.
“Financial inclusion is a priority for stakeholders in the capital market and the Exchange makes it a primary concern to contribute towards the achievement of Nigeria’s National Financial Inclusion Strategy of reducing the proportion of adult Nigerians that are financially excluded to 20 percent in the year 2020. The Exchange recognizes the need to improve investor participation and we are leveraging recent capital market initiatives such as the tiered Know Your Customer requirements for capital market investments, as well as promoting the introduction of globally competitive investment products with low entry thresholds, to achieve financial inclusion goals. These initiatives had begun to yield positive results as the market had, in recent times, witnessed an upturn in retail investor participation. The market data from 2019 showed that retail investors outperformed institutional investors by eight percent in January, and again by two percent in March 2019”.
According to Chiemeka, the Retail Coverage Department of NSE will be rolling out measures directed at encouraging retail investor involvement in the capital market. Over the next few years, various investment workshops will be held across the country.

 

- Advertisement -
NSE Hosts Retail Investor Coverage Workshop​​​NSE Hosts Retail Investor Coverage Workshop​​​

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NSE Hosts Retail Investor Coverage Workshop​​​NSE Hosts Retail Investor Coverage Workshop​​​

Latest News

Jaiz Bank Boosts SMES Through FOREX

Jaiz Bank Plc, the premier non-interest bank in Nigeria has resumed selling of foreign exchange to operators of Small...

LASG Begins Periodic Fumigation of Ministries and Agencies

As part of continuing measures to control the spread of Coronavirus, the Lagos State Government has commenced the periodic disinfection of its Ministries, Departments...

EQUITIES MARKET: NSE ASI Rises Marginally by 0.25% as the Rally in Crude Oil Prices Slows

In the just concluded week, the Lagos bourse revved, howbeit mildly, to close in green territory as rally in crude oil prices market slowed....

Oil Prices Slide As U.S.-China Tensions Spike – Report

OilPrice.com Oil prices have held onto the gains from the last few weeks, but the recent rally seems to have stalled as demand shows signs...

CBN approves relief on OFI loans

The Central Bank of Nigeria has approved moratoriums on CBN facilities managed by Other Financial Institutions (OFIs). It reduced the interest rates on these...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -NSE Hosts Retail Investor Coverage Workshop​​​NSE Hosts Retail Investor Coverage Workshop​​​