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Stock Trading Basics (Nigerian Perspective)

Expensive Good friend,

On this article I’m going to present you very important classes on inventory buying and selling, however I have to warn you although, that is for severe minded folks that need to have entry to fortunes within the inventory’s market. In case you’re in any respect inexperienced at this type of factor, you’ll in all probability discover this text most refreshing and rewarding, completely satisfied studying.

Inventory buying and selling is a facet of inventory funding which in my perception has been tremendously ignored, undermined and misunderstood. The explanations are usually not farfetched; I am going to get to that in a second however first let’s try and throw mild to this “properly of gold”.

I need to present you what you might be lacking by not been actively concerned in inventory buying and selling with statistics that will stagger your ignorance. Have you learnt?

– That the Worth of the Nigerian capital Market is properly over N12 trillion.
– That the present (2008) price range of the Federal Republic of Nigeria is lower than N3 trillion.
– By implication, the Nigerian Capital Market (NSE) is 4 instances the scale of what Nigeria thrives on yearly.
– That Nigerian Shares Market is ranked as one of many highest inventory market with the very best returns on funding worldwide.
– That solely 10% of lively buyers make over 90% (N9.18 trillion) of the N12 trillion that change fingers day by day.
– That the Nigeria Inventory Market holds the best alternative for each Nigerian residing within the nation and within the Diaspora to create wealth.
– These 10% lively buyers are inventory merchants.
If you wish to get on the prepare of inventory buying and selling, there are some fundamentals you need to grapple with so as so that you can carry out excellently.


There are two markets the place buyers do enterprise within the capital market, particularly main and secondary market. The overwhelming majority of inventory buyers (90%) do their enterprise within the main market, why? Mainly as a result of it’s an all comers market, there aren’t any restrictions since you are able to do enterprise with out essentially relying on the famed stockbrokers. On the main market you may simply purchase shares throughout the counter, all you must do is choose up a type, fill your knowledge into it and pronto you’re completed, in one other phrase, some degree of ignorance of how the system works might be tolerated, however not so with the secondary market, it’s extremely regulated by the stakeholders of the Capital market which embody The Nigerian Inventory Change, Safety and Change Fee and Central Safety Clearing System Ltd.


For starters, you want a inventory buying and selling account with the CSCS Ltd to allow you commerce on the ground of the change; this may be simply facilitated by a at the moment registered inventory broking agency, Buying and selling within the secondary market is finished by way of inventory brokers. You might be charged commissions for each purchase and promote that’s completed on their behalf.


A present account to facilitate your buying and selling, when gross sales is made in your favour, you want a present account the place you may simply pay your crossed checks into, in contrast to financial savings account that’s not designed to accommodate checks.


For Nigerians who resides overseas who’re buying and selling within the capital market, they will additionally actively take part. A domiciliary account might be processed for them the place deposit of gross sales can facilitated for them; additionally, this account permits them to switch cash to Nigeria simply for buying and selling functions. My group WINNING ATTITUDE WEALTH IDEAS ENT as a part of our array of funding companies handles inventory portfolios for Nigerian buyers dwelling overseas.

Source by John Efetobor

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