How to sustain domestic retail investors confidence — Shareholders
WE are happy that domestic retail investors are returning. This is because of what we see in the economy now. The government has shown that it has become more committed in improving the economy through the ease of doing business policy that they just put in place. Also, we have seen the recent improvement in liquidity via-a-viz the continuous reduction in inflationary pressure and monetary policy improvement. So, we are very glad when all these things are happening.
Foreign portfolio investors’ withdraw N40.07bn from stock market in Sept.
The Nigerian Stock Exchange (NSE), said that foreign investors withdrew the sum of N40.07 billion from the equities market in the month of September.
Investors lose N1.6trn in first 100 days of Buhari tenure
Investors in the Nigerian stock market lost N1.6 trillion in the first 100 days of President Muhammadu Buhari’s government, going by report of activities at the Nigerian Stock Exchange (NSE) as at close of business last weekend.
SEC, NSE review this database NOW!
In recent times, investors have been complaining that the contact telephone numbers supplied by registrars and stockbrokers are not functioning. What makes this a major issue is that most of these phone numbers were sourced from the one published by the Nigeria Stock Exchange and (NSE) and Securities Exchange Commission (SEC). This implies that some (not all) of the contact numbers of operators published by these regulatory bodies are obsolete. It also implies lack of effort to regularly review these contacts.
Complaints and Investigation
I need to sell my shares urgently
I have shares with FirstBank, Daar Communication and FCMB since 2008 and I need to sell these shares to start a good business. But I dont know how to go about that and I no longer my stock broker again. Please advise me on what to do. (Prince Oghenero Onorefe, Warri)
NSE explains current position of Investors Protection Fund
The Nigerian Stock Exchange, NSE has explained that its newly inaugurated Board of Trustees of Investors Protection Fund (IPF) is considering the modalities for the implementation of the Fund.
Regulators not doing enough to educate investors
I share the mindset of some people in the market decrying the current level of market knowledge of majority of the Nigerian minority shareholders. And that is where enlightenment exercise should come in because our people need to be educated.
ASHON targets 40m investors in capital market
Association of Stockbroking Houses of Nigeria, ASHON, said market operators are very hopeful and looking forward to a capital market with 40 million investors from the current five million.
INVESTORS SPEAK: Mutual funds are good, but…
Every investment is a risk, especially in this part of the world. I think investment in mutual funds is good and can be undertaken considering the benefit that comes with it; which includes, help from the group when a member is in financial problem
