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How Can The Stock Market Help An Average Nigerian? - Investment - Nairaland

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How Can The Stock Market Help An Average Nigerian? by fisayo: 6:27am On Jun 12, 2006
Hi! I've been wondering how participation in the stock market can help an average Nigerian. By average, I mean your next door neighbour, your customer in the market (grocery store? grin), etc.

Recently, there has been an explosion in the Capital market with IPOs coming very regularly from banks. Obviously, more people are participating in the sector but can it help them? Or is there a class that the market can help?

I sincerely would love your opinions.
Re: How Can The Stock Market Help An Average Nigerian? by ToyM28(f): 1:06am On Jun 15, 2006
seriously, i think the stock market cannot help, xcept exploitation from major international multinationals stop.
Re: How Can The Stock Market Help An Average Nigerian? by kazey(m): 1:13am On Jun 15, 2006
if your target is 5 years. Pull in a fixed deposit with a bank for 5 years, and arrange on annual interest returns, and see how it can be wink. Buying meagre stock especially in Nigeria is not a good idea.
Re: How Can The Stock Market Help An Average Nigerian? by blackchief(m): 4:03pm On Jun 16, 2006
Toym28,Kazey

i don't know if you guys have ever traded in stock before, co's stock every were in the world have prove to be a go investment over time. it just a matter of investing wisely
Re: How Can The Stock Market Help An Average Nigerian? by ToyM28(f): 8:38pm On Jun 16, 2006
well black cheif, m sure u are good at ur job.

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