The Nigerian Stock Market and You: The Smartest Ways to Play

Almost anyone desires to make cash within the stock marketplace. But lack of knowledge of what it takes to be successful in inventory investing has discouraged many humans from pleasant their funding and economic aspiration. It is therefore vital to X-ray this text entitled “The Nigerian Stock Market and You: The Smartest Ways to Play” to offer necessary guide to such people.

It is written via Moses Onyebuchi, a stock marketplace analyst and inspirational speaker who has the imaginative and prescient of teaching people achievement standards on the way to assure enduring achievement in lifestyles. Onyebuchi is a graduate of Economics from the University of Nigeria Nsukka (UNN), Nigeria and gives financial and funding advisory offerings.

According to Onyebuchi, this e book has been written to free best dividend stocks up buyers from monetary bondage. He says it’s miles important in stock investing that traders have a clear knowledge of what they’re doing with their money. It is those buyers that really do their homework that be successful as a success making an investment requires time, starting capital, know-how and talent; and determination, educates Onyebuchi.

He advises that with a purpose to benefit an part over other investors, you should study stock investing books. The author stresses that you do no longer should wait till you’ve got plenty of money or the marketplace is bullish earlier than you read approximately the stock marketplace. Onyebuchi says on occasion the quality time to look at the market is whilst no person else is fascinated.

The creator assures that this book is rich in first-class facts so one can remodel your existence, starting with the evaluation of the Nigerian capital marketplace, the operations of the marketplace, the guiding regulations to investing within the capital marketplace, successful investor secrets, not unusual investor mistakes, and many others. He expatiates that the book has specific goals of presenting earnings earners with an additional source of earnings; guiding retiring personnel on pressure-free and high-go back funding options; disclosing ways of responding to adjustments within the Nigerian inventory marketplace, and many others.

The e-book has 12 chapters. Chapter one is christened “Overview of the Nigerian inventory market”. According to Onyebuchi, the Nigerian stock marketplace is a specialized marketplace where shares are bought and offered; a market in which lengthy-term finances are sourced thru equities and debt devices. He says those contraptions are subsequently traded openly in the inventory market and that they include stocks, bonds, commercial loans, derivatives, and many others.

This author educates that the Nigerian capital marketplace is divided into number one and secondary markets. The Nigerian number one market, in keeping with Onyebuchi, is that which secures price range for the preliminary issuers of stocks. That is, the market presents an avenue for agencies in search of fresh price range to elevate such with the aid of an software shape issued through the issuing house on behalf of the issuers – the organizations.

Onyebuchi explains that the secondary marketplace is that for trading of stocks indexed at the inventory alternate. He says this marketplace is the hub of the capital marketplace because it is the market in which individuals of the marketplace, that is, the stockbrokers purchase and promote stocks of groups or government. The presence of the secondary market for buying and selling shares makes investment thru number one market beautiful given that stocks bought within the number one market may be sold in the secondary marketplace without difficulty, discloses the author. He provides that no investor is allowed to transact commercial enterprise on the ground with out going through a stockbroker.

Chapter two is based at the concern matter of the operations of the Nigerian stock market and its operators. According to the author, the Nigerian Stock Exchange provides the trading ground for equities in the Nigerian capital marketplace. In his words, “The Nigerian Stock Exchange regulates the activities of marketplace operators through ensuring orderliness and sanity within the marketplace and additionally guarantees that quoted organizations follow submit-list requirements.”