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Page 36 - நைஜீரியன் பரிமாற்றம் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hedging against Inflation

Goddy Egene writes that as inflation rate remains above 18 per cent, the stock market still provides investors opportunity to earn positive returns on their investments When investors stake their funds, their expectation is to reap positive returns on investments. That means a return that is above inflation rate. And considering the fact that inflation rate stood at 18.12 per cent as at the end of April 2021, investors must invest in securities that would produce a return of above 18.12 per cent. Although it is difficult to come across investment that can give yields above inflation rate, the equities market offers investors opportunity to enjoy positive returns. However, for investors to earn such positive returns in the equities market, they must seek the advice of professionals. This is so because just as the market is capable of fetching positive returns, investors could also lose their investments if not well guided by professionals.

Demutualised NGX, Heralds New Era for Capital Market, Says Buhari

By Goddy Egene President Muhammadu Buhari has described the demutualisation and transitioning of Nigerian Stock Exchange (NSE) to the Nigerian Exchange Group (NGX) Plc as the beginning of a new era for the nation’s capital market. Buhari spoke yesterday when the NGX Group hosted him at the launch of its campaign titled: ‘The Stock Africa Is Made Of.’ The demutualisation of the NSE led to the creation of the Nigerian Exchange Group Plc (NGX Group) with three operating subsidiaries. The subsidiaries are: Nigerian Exchange Limited (NGX Limited) that will be the operating exchange; NGX Regulation Limited (NGX REGCO), the independent regulation company; and NGX Real Estate Limited (NGX RELCO), the real estate company.

Fortune Global Wins Award

Fortune Global Shipping and Logistics Limited (FGSL) has emerged winner for the “Next Bull” award at the 2021 Nigerian Investor Value Awards (NIVA). The award was in recognition of innovations the company has made in improving the industry through exceptional service delivery. Upon a rigorous selection process, FGSL came top on a long list of 136 firms to eventually win the award. The award is the brainchild of a collaboration between the Nigerian Exchange Limited and BusinessDay Media. Commenting on the award, Chief Executive Officer, Fortune Global, Eric Opah said, “We are humbled by this recognition as it speaks to our long time commitment to strive for excellence in our business operations.

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