Nigeria: Deepening the Stock Market Through Equity Products

18 September 2013

Eromosele Abiodun writes that there is need to expand the Nigerian capital market offerings to include fixed income securities, hedging instruments and other derivatives.

The gradual recovery of the Nigerian stock market after the massive decline recorded in 2008 and 2009 is restoring hope in the market. For the financial services industry in general, this development is particularly heartwarming because a full recovery of the stock market holds the key to regaining lost gains and opening the door to economic growth and development for the country.

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