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Knowledge of Market Mechanisms Good for Sound Investment Decisions—Chiemeka

By Dipo Olowookere

The Divisional Head of Trading Business at the Nigerian Exchange (NGX) Limited, Mr Jude Chiemeka, has stressed the need for investors, especially at the retail end, to have an understanding of capital market mechanisms in order to make sound investment decisions.

He said with this knowledge, retail investors would be able to key into investment assets that would yield good returns at the end of the day.

The capital market expert said it was because of this that the exchange came up with a seminar to promote investor education with its Retail Investor Workshop.

On Wednesday, July 14, 2021, the NGX held a virtual conference themed Realizing Income from Your Investments, Dividends to Coupons and Everything In-Between.

Business Post reports that the event was organised in partnership with Greenwich Securities Limited and Africa Prudential Plc and it was an avenue to educate retail investors on ways to get value from the market.

During the webinar, Mr Chiemeka assured that the exchange will continue to design initiatives aimed to drive the involvement of retail investors in the capital market.

“NGX is hosting this event in continuation of our commitment to providing relevant and strategic information targeted at equipping investors with the knowledge and skills necessary to effectively leverage the investment opportunities in the capital market,” he said.

Mr Chiemeka added that, “It is important that investors understand capital market investments and investment mechanisms, as only then will they be empowered to make sound investment decisions.”

“We are, therefore, pleased to collaborate with two institutions that represent important stakeholders in the Nigerian capital market ecosystem – Greenwich Securities Limited and Africa Prudential Plc – representing the brokers and registrar businesses respectively,” he assured.

“Looking ahead, the exchange through its Retail Investor Coverage Department, will continue to roll out initiatives designed to encourage retail investor involvement in the capital market,” Mr Chiemeka further assured.

In her presentation, the Head of X-Academy of the NGX, Ms Ugochi Obi, put participants through the learning opportunities the exchange provides to deepen knowledge about the capital market.

On her part, the Deputy Registrar/Chief Operating Officer, Africa Prudential Plc, Ms Catherine Nwosu, shed light on the topic, Investment: Innovations in the Registrar Space, highlighting the efforts of Registrars to ease the investment process end-to-end.

Also, the Acting Managing Director, Greenwich Securities Limited, Ms Eniola Osula, while speaking on the topic, Realising Income from Investment, engaged the audience on the various investment instruments available to retail investors on the NGX platform.

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