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Apple Is 20 Times The Size Of Nigeria Stock Market - Business - Nairaland

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Apple Is 20 Times The Size Of Nigeria Stock Market by smilek(m): 11:09am On Jul 21, 2018
I was on Reuters today, and saw this plot. It is the race to the Most Viable Player (MVP) in global business. Who would become the first $1,000,000,000,000 company? That is twelve there for a trillion.

Look well - from 2016 to now, these companies are adding $billion as though they are packing biscuits.

Nigeria's stock exchange has a market cap of about $44 billion. Yet, a single company is about to hit $1 trillion. I expect Amazon to touch that magic number once it announces its preliminary Christmas numbers in January 2019.

No matter who runs Nigeria, every one of us must see our continuous underperformance as a challenge. This goes beyond our leaders. Everyone must wake up - from cleaners to doctors, from engineers to senators, and indeed everyone.

A world where Apple is 20 times the size of our stock market should bring humility to every one of us. Forget politics and politicians; we need to do more. The excuses will not fix anything

By Ndubuisi Ekekwe
(@nekekwe)

[url][/url]https://www.tekedia.com/forum/topic/mvp/?part=1#postid-1120

Re: Apple Is 20 Times The Size Of Nigeria Stock Market by noruwasman(m): 11:13am On Jul 21, 2018
Upper cut to nigeria stock exchange #savage
Re: Apple Is 20 Times The Size Of Nigeria Stock Market by gabbijason(m): 11:21am On Jul 21, 2018
Ok
Re: Apple Is 20 Times The Size Of Nigeria Stock Market by polimaf(m): 11:47am On Jul 21, 2018
Its painful... but we can make it better. There is no platform educating the Nigerian public about investing in stocks, bonds etc
Re: Apple Is 20 Times The Size Of Nigeria Stock Market by Sapeleboy911(m): 12:32pm On Jul 21, 2018
Sincerity, trust, and innovation are vital traits we lack in Nigeria. All the average Nigerian man thinks about is how to exploit you for his own gain.( mugu fall guy man wack) Imagine a country where millions are being budgeted to feed dogs( e for even better if to say these dogs go see the food chop) just for an election.
When even those the dogs are meant to protect can afford good meals. What an Irony, Comparing NSE to APPLE stocks is even an insult.

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