The Nigerian stock exchange is undoubtedly one of the most important contributors to the Nigerian economy.

The number of investors is increasing. In simple terms, the Nigerian stock exchange is a market place. This is the place where you buy stock and sell stock. People trade in stocks and securities here. The idea is to buy stocks when their prices are low and sell them off when they appreciate considerably. Information is very important for the investor in order to know which stock to buy and when to sell such stock. A number of factors, like the history of the stock, its perception, cost and quality, can go a long way in determining which stock to be bought or sold off at any particular time.

The Nigerian stock exchange creates Medium via which investors in the Nigerian stock market can disposable income to buy products stocks and securities with the belief that such product will rise in value in the future.

They are regulated by the Securities and Exchange Commission. This regulatory body has the mandate to ensure Surveillance over the activities of the Nigerian Stock Exchange.

Functions of Nigerian stock exchange

This helps to prevent breach of market rules. It also helps detect and deter unfair manipulations and trading practices. The Nigerian Stock Exchange base its activities on automated trading system.

They publish data of performance on companies listed n the Nigerian Stock Exchange on the Nigerian stock; such performance data are published on annual, quarter, monthly, weekly and daily basis.

The automated trading system being used by Nigerian Stock Exchange started operation in The dealers can use the system to monitor market activities without visiting the Nigerian Stock Exchange. Many of those dealing in the stock market do so right from their offices. The Nigerian Stock Exchange presently has 13 branches across Nigeria and they plan to establish more in the nearest future.

The Stock Exchange Market in Nigeria - ArticlesNG

They start trading by 9: The legislation that was initially preventing foreign investors to operate in the ingrain stock exchange had been abolished by the Nigerian government. This means foreign companies can be listed on the Nigerian Stock Exchange and this enables Nigerians to invest in such companies.

The Nigerian Stock Exchange was deregulated by the government in This means issues prices are now determined by stockbrokers and issuing houses. Stockbrokers alone determine prices of the secondary market.

The Nigerian Stock Exchange (NSE) - Live

Advertise Here Click For More Information. Your email address will not be published. Functions of the Nigerian Stock Exchange Vic.

How to Cancel Data Plan On MTN, Glo, Etisalat, Airtel. Share This Post With Your Friends History and Pictures Top 10 Most Hated People in Nigeria 10 Richest Celebrities in Nigeria Top Richest Musicians in Nigeria Mikel Obi: Net Worth MTN Android Data Plan: Best MTN Data Plans for Android Ifeanyi Ubah: Net Worth Olamide Biography: Leave a Reply Cancel reply Your email address will not be published.

Educative Posts Advertising Agencies in Nigeria: The Top 10 PhD Programs In Canada: The Full List Masters Scholarship for Nigerian Students: Full List Who Wants to Be a Millionaire Nigeria: How to Get on the Hot Seat? List of Universities in Nigeria Studying Abroad for Nigerian Students: Top Best 10 Countries Top 10 Secondary Schools in Nigeria Online Masters Degree: How It All Began PhD in Germany: How to Enroll From Nigeria.

Random Questions MMM Nigeria: Get Answers To Your Questions. Trending Posts How Much is Golf 3 in Nigeria? Etisalat Nigeria Data Plans, Subscription Codes, and Prices Airtel Nigeria Manual Internet Configuration Settings How to Cancel Data Plan On MTN, Glo, Etisalat, Airtel Access Bank BVN: How To Link Your BVN to Your Access Bank Account Online Unlimited Data Plans In Nigeria: Swift Nigeria Internet Data Plans and Prices.