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Helpful Articles
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Nigerian Stock Market Information
Because of the rising popularity of the Nigerian Stock Market, more and more people are searching online to learn more and to participate in the growth. Since the economy has been struggling for a few years now, people are looking for opportunities to increase their income. As there are so many scams online that you can never be too careful. So it is a good idea to take your time and do as much research as you can. When you do, you will discover that it is not difficult at all to learn how to invest in stocks and to earn income on the Nigerian Stock Exchange. The first point that everyone is concerned with is, “What is the Nigerian Stock Market?” It is important for you to gain an understanding of what it is, so that you will be making wise decisions about where you decide to place your money. The Nigerian Stock Market is where shares of companies that are based in Nigeria, or have branches in Nigeria, are traded for money. The reason companies choose to go public is so that they can get the funds they need to run their companies. Selling shares of a company is preferable to taking out a loan. If an investor decides to purchase shares of a company, they will also earn a small percentage of the profits of the company if it is successful. The Nigerian Stock Market was established in 1960 as the Lagos Stock Exchange. So you can see that it is already well-established. There are currently over 190 companies listed on the Nigerian Stock Exchange. This shows you that there is money to be made here. Finally, the Nigerian Stock Exchange has a market value of approximately $70 billion dollars. This further proves the point that the income potential is enormous. As you can see, there is a lot to learn about the Nigerian Stock Market. You should also have a good understanding about the Nigerian Stock Exchange All Share Index. The All Share Index was formulated in January of 1984 with a base value of 100. If you decide to become a stock investor, this information will be important for you to review on a regular basis; even daily. You should also know that only ordinary shares are included in the calculation of index. The more you analyze this information, the more success you will have. The last point about the All Share Index is that it is value-relative and is calculated daily. In fact, if you get a good understanding of these points, you will really excel at investing in the Nigerian Stock Market. The last point I want to make is about the Nigerian Stock Market growth potential. Right now the market has had steady growth since 2008. Another point to consider about the growth potential is that the Nigerian Stock Market averaged 1106 index points from 2010 to 2013. This shows that the market growth has been fairly steady for a few years now. This is important because you want to ensure that you are making your investments in a market that is not volatile. The NSE 30 index is a major stock index that tracks the stats of the top 30 companies in the Nigerian Stock Market. This gives an overall projection that serves as a gauge of how successful the market is doing. There is a lot to learn about the Nigerian Stock Market. The market is showing a lot of steady growth, which offers a strong income potential for the savvy investor. This is encouraging news considering that the general economy has been in a declined state for the past few years. Having a comprehensive knowledge of the Nigerian Stock Market not only will help you to choose the most profitable companies of which to purchase shares, but also so that you can assess the abilities of the stockbroker that you choose to work with. The All Share Index will give you a broad overview of the entire shares that are traded on the Nigeria Stock Exchange. This is important information to review when making your investment decisions.
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