Top stockbrokers in nigeria
A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc.
Stockbroking firms are critical players in the capital market. This is because they are the only firms or individuals licensed to trade in shares on the stock exchange. Hence anybody that wants to trade in shares through the stock exchnage must engage their services. In addition to this, you need stockbroking firms to dematerialise your shares and open a share account for you with the Central Securities and Clearing System CSCS.
The efficiency or inefficiency, honesty or dishonesty of your stockbroker has a lot of impact on investment in shares. Some stock brokers are not only inefficient, they are also fraudulent. Rather than give you advice that will enhance your choice of and returns on your investment, they seek to exploit you to maximise their own profit.
There are examples of stockbrokers who sold shares without the consent of the owner. There are also examples of stockbrokers who will buy a stock at N10 per share but claim to have bought it at N15, or sell at N10 and claim to have sold at N7.
But there are also stockbrokers who are efficient and honest. They play by the rules and provide sound advice to investors. Submit your certificates to them for dematerialisation, they pursue it with vigour, with regular text notification of progress report.
The inefficient ones will not do that.
Most Reliable Stockbroker In Nigeria - Investment - Nigeria
They will not submit the certificate to the registrar on time and they will not follow up until the investor starts asking question. The inefficient and fraudulent brokers have inflicted pains and losses on many investors and they are still doing so. Many investors have lost millions of naira to such brokers and many will still lose money to them. But before then, investors must know how to avoid them. The first step is to realise how important the choice of a stockbroker is to your top stockbrokers in nigeria or misfortunes as an investor.
Stockbrokers in Nigeria
While investment in shares is fraught with a lot of risk, the choice of stockbroker can reduce or increase the top stockbrokers in nigeria. That is why you must approach that choice with all sense of caution and responsibility.
Addressing the March Bi-Monthly Forum of Finance Correspondents Association Nigeria FICAN last week, he said that when it comes to choosing a stock broker, investors should go for the best in the market.
He believes that investors should choose among the top stockbrokers in the market. These, he said, are well established, with structures and standards for every transaction with investors.
In other words, the top stockbrokers offer efficiency and security to investors. To be continued next week. Do you want to be a stronger The much-vilified Nigeria Police Force, NPF, has something to crow about after consistently being in the news for its in Middle belt youths have condemned the recent quit notice issued Igbo living in the North by Arewa Youth Consultative For A year-old man on Friday make money cleaning carpets an Ibadan Customary Forex price action scalping bob volkman ebook, sitting in Agodi, how his wife of 38 years committed adulter There is an increasing culture of celebrating corruption in the country.
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Vanguard News A Nigerian newspaper and Online version of the Vanguard, work from home jobs in ludhiana without investment daily publication in Nigeria covering Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc.
Go for the best of stockbrokers. On April 1, By BABAJIDE KOMOLAFE Stockbroking firms are critical players in the capital market. Previous Post NFF replies Okpala. Next Post Building collapse: NIB moves to regulate artisans in construction industry.
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