Youth Entrepreneurship

Menu
  • Welcome
  • Dayo Profile
  • Contact Dayo
  • JOIN OUR FORUM
  • Testimonials
  • Shop
  • Our Business Plans
  • OUR PRODUCTS
    • Coaching
    • Entrepreneurship book for Africa Students
    • MLM E-BOOK: How to Recruit and Get to the Top Fast in Any Network Marketing Business
    • Set Up Money Making Blog for Just N50,000

80 Things You Will Learn from 72IG Affiliate Marketing School, Digital Marketing Skill Development and Expertnaire Affiliate Implementation Programme. (Cost N65,000)

CLICK HERE

THE NIGERIAN STOCK EXCHANGE MARKET

Dayo Adetiloye Business Hub

THE NIGERIAN STOCK EXCHANGE MARKET

THE NIGERIAN STOCK EXCHANGE MARKET

A stock exchange market is a regulated and organized financial market; where securities such as bonds, shares, notes, etc. are traded at a certain price governed by the forces of demand and supply. It is a primary market that allows government, corporate, and incorporated bodies to raise capital from the public, as well as a secondary market where investors can sell out their shares or securities to other interested investors for cash.

The Nigerian stock exchange (NSE) is one of the biggest stock markets in Africa, listing top companies from different industries in Nigeria. The Nigerian stock exchange was founded on September 15, 1960, as the Lagos stock exchange with only seven subscribers to the exchange’s memorandum of association.

It later became known as the Nigerian Stock Exchange in December 1977 with branches established in other commercial cities of the country. The NSE is licensed under the Investment and Securities Act and regulated by the Securities and Exchange Commission of Nigeria.

As a registered company limited by guarantee, the Nigeria stock exchange began its operation officially on August 25, 1961, with 19 securities listed for trading. It has been operating an Automated Trading System (ATS) since April 1999, with dealers trading through a computer network. In 2013, the NSE launched an electronic trading platform for retail and institutional segments called X-Gen. trading in the Nigerian Stock Exchange is carried out every Monday to Friday between the hours of 9:30 am to 2:30 pm.

Operation in the Nigerian stock exchange is open to both local and foreign investors; Regulations preventing the free flow of foreign capital into the Nigerian Stock Exchange have been abolished and foreign brokers are now listed as dealers on the Nigerian Stock Exchange market.

 

Companies Listed In the Nigerian Stock Exchange Market

The Nigerian Stock Exchange Market is the third-largest stock exchange in Africa regarding market capitalization, amounting to about 8.5 trillion Nigerian Nairas. Currently, there are close to 180 companies listed on the NSE with the data on their performance published daily, weekly, monthly, quarterly, and even annually on the NSE website, national newspapers, and other recognized platforms. Historical data of these companies can be retrieved from the NSE website for purpose of analysis, forecast, and decision making by investors or prospectus investors. 

The Nigerian Stock Exchange list companies in three categories namely, the premium board, the mainboard and the Alternative Securities Market (ASeM). Currently, it has about eight domestic companies on the premium board, 144 listed companies on the mainboard, and four companies on the Alternative Securities Market (ASeM) board

The premium board is the elite companies that have met stringent corporate governance, liquidity, and capitalization criteria; The main board comprises larger companies with high profitability or market capitalization while the Alternative Securities Market (ASeM) is the smaller group companies with high-growth potentials.

The value-Weighted AIS (all-share Index), which was formulated in January 1984 with a base value of 100, tracks the general market movement of all equities listed on the stock exchange while the NGX30 and NGX50 track respectively, the top 30 and 50 companies in terms of liquidity and market capitalization.

Additionally, the NSE also uses five sector indices which include; NSE Banking Index, NSE consumer Index, NSE Industrial Index, NSE Insurance Index, and NSE Oil & Gas Index. These indices are weighted by adjusted market capitalization, which is calculated as the number of a company’s listed securities, the closing price, and the capping factor.

 

 

READ ALSO: ETHANOL PRODUCING COMPANIES IN NIGERIA

THE NIGERIAN STOCK EXCHANGE MARKET

 

Companies quoted on the Nigerian Stock Exchange include:

BASIC MATERIAL INDUSTRY

Companies listed in this sector include;

  1. African Paints (Nigeria) | AFRPAINTS
  2. Aluminium Extrusion Industries | ALEX
  3. C. Gases Nigeria | BOCGAS
  4. Berger Paints | BERGER
  5. CAP | CAP
  6. First Aluminium Nigeria | FIRSTALUM
  7. Meyer | DNMEYER
  8. Multiverse | MULTIVERSE
  9. Paints & Coatings Manufactures | PAINTCOM
  10. Portl& Paints & Products Nigeria | PORTPAINT
  11. Premier Paints | PREMPAINTS
  12. Thomas Wyatt Nigeria | THOMASWY
  13. 7-Up Bottling Company | 7UP

 

CONSUMER GOODS INDUSTRY

Companies in this category include;

  1. Cadbury Nigeria | CADBURY
  2. Champion Breweries | CHAMPION
  3. Dangote Flour Mills | DANGFLOUR
  4. Dangote Sugar Refinery | DANGSUGAR
  5. Ellah Lakes | ELLAHLAKES
  6. Flour Mills Of Nigeria | FLOURMILL
  7. FTN Cocoa Processors | FTNCOCOA
  8. Golden Guinea Breweries | GOLDBREW
  9. Guinness Nigeria | GUINNESS, etc.

 

CONSUMER SERVICES INDUSTRY

Companies listed here include;

  1. Afromedia | AFROMEDIA
  2. Capital Hotel | CAPHOTEL
  3. Daar Communications | DAARCOMM
  4. DN Tyre & Rubber | DUNLOP
  5. Ikeja Hotel | IKEJAHOTEL
  6. Learn Africa | LEARNAFRCA
  7. Med-View Airline | MEDVIEWAIR
  8. R T Briscoe | RTBRISCOE
  9. Secure Electronic Technology | NSLTECH
  10. Tantalizers | TANTALIZER, etc.

 

FINANCIALS INDUSTRY

The financial industry has the highest number of listed companies on the NSE. They include;

  1. Abbey Mortgage Bank | ABBEYBDS
  2. Access Bank |ACCESS
  3. African Alliance Insurance | AFRINSURE
  4. Aiico Insurance | AIICO
  5. Arbico | ARBICO
  6. Aso Savings & Loans | ASOSAVINGS
  7. Axamansard Insurance | MANSARD
  8. Consolidated Hallmark Insurance | HMARKINS
  9. Continental Reinsurance | CONTINSURE
  10. Cornerstone Insurance | CORNERST
  11. Custodian & Allied | CUSTODYINS
  12. Deap Capital Management & Trust | DEAPCAP
  13. Diamond Bank | DIAMONDBNK
  14. Ecobank | ETI, etc.

Other industries include; health care, Manufacturing, Oil & gas, and technology.

How to Trade in the Nigerian Stock Exchange

To start trading on the Nigerian Stock Exchange, you have to complete some simple procedures that will guarantee your

  1. Open a stock trading account with a stockbroker

There are different brokers dealing in the Nigerian Stock Exchange offering a different levels of technical support and advice to their clients. When choosing a broker, you have to make such that the broker is a licensed dealer in the NSE; you have to know how high or low their fees are and if they are trustworthy to carry out transactions on your behalf. The stock trading account takes about 48 hours, two days to be completed. It requires you to fill out the same basic information and provide some essential documents.

  1. Complete the Central Securities Clearing System (CSCS) form with your broker

Apart from opening an account with the brokerage, you also need to own a Central Securities Clearing System account. Your broker will provide the CSCS account opening form, this form needs to be filled submitted along with the supporting identity proof documents. The CSCS is a platform that keeps the record of each security in Nigeria.

  1. Fund your stock Broker Account

Once you complete your CSCS account opening, a Clearing House Number (CHN) will be issued; this number is unique for each registered portfolio. You can now start your investment journey by funding your broker account to place orders through your broker.

Conclusion

The Nigerian stock exchange market is a medium that connects buyers and sellers who are ready to transact the same stock at an agreed price. The NSE enables investors and businesses to have access to reliable sources of capital as well as a secured saving system structure. The broker simplifies the stock trading processes. They act as middlemen who earn commission from their activities; carrying out trade transactions on behalf of their clients.  

It is worthy of note that the stock exchange market is fluctuating in nature and that transactions are carried out based on the broker’s speculation rather than on known facts. And as such, it is possible for an investor to lose a large amount of money in the process. If you are not ready to risk your resources do not bother going into stock trading. However, an investor who studies and understands the market signals can go home smiling with the profit made from stock trading. As an investor, you have to monitor and analyze market signals very frequently. Still, there are brokers who offer these services; providing you with market signals and their interpretation for your decision-making needs.

 

Hope you enjoy this article?

Share your thoughts in the comment session.

Contact us today for your business consultancy and business advisory services. We can help you fine-tune your idea, structure your business, market your business, train your staff, consult on your retirement plan, coach you for financial success. We also write a business plan and help with fundraising strategies and Grant applications. We can help you start, grow, and expand your business.

We help institutions and organizations write concepts, implement Business plans, and train on business Plan writing in Nigeria.

We can help you write a detailed, bankable and comprehensive business plan for your business idea.

Call any of our business plan consultants on 08105636015, 08076359735, and 08113205312.

Or send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.

 

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
  • Author
  • Recent Posts
Dayo Adetiloye Business Hub
Lets connect
Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Dayo Adetiloye Business Hub
Lets connect
Latest posts by Dayo Adetiloye Business Hub (see all)
  • Philanthropist Kole Akintujoye’s Our Daily Bread Foundation: Eradicating Hunger in Nigeria and Beyond - March 20, 2023
  • 28 Reasons why Norland Network Marketing Company is the best in Nigeria - March 16, 2023
  • Top 50 Ways to Generate Leads for Expertnaire Affiliate Marketing Platform in Nigeria - March 16, 2023

Share this:

  • Tweet
  • WhatsApp

Related

Prev Article
Next Article

No Responses

  1. Pingback: TREASURY BILLS / BONDS IN NIGERIA - Pitos
    April 4, 2022
  2. Pingback: TREASURY BILLS / BONDS IN NIGERIA - Youth Entrepreneurship
    April 4, 2022

Leave a Reply Cancel Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search this Blog

MLM Instant Recruiting Formula

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

Ecommerce Business

Follow me on Facebook

Follow me on Facebook

Follow me on Twitter

My Tweets

Youth Entrepreneurship

…Raising Millionaire Young Entrepreneurs
  • About
  • Dayo Speaks
  • Disclaimer
  • JOIN OUR FORUM
  • Shop
  • Privacy Policy
  • Sitemap
  • Advertise With us

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Popular Posts

  • 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
    50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
  • Peter Obi's Biography, Net Worth, and Rise to Popularity
    Peter Obi's Biography, Net Worth, and Rise to Popularity
  • Top 10 business grants for 2023
    Top 10 business grants for 2023

Popular Category

  • Affiliate (36)
  • Articles (723)
  • Business Grant (342)
  • Business Opportunities (422)
  • Business Plan (682)
  • Competition (46)
  • CV Writing & Career Guide (61)
  • Dayo Initiative (13)
  • Entrepreneur of the Week (19)
  • Executive Summaries (148)
  • Expertnaire Affiliate Marketing (5)
  • Finance (15)
  • How To (133)
  • Job Vacancy (18)
  • Latest Post (1,681)
  • LOAN (23)
  • MLM Coaching (11)
  • Network Marketing (176)
  • NEWS (21)
  • Norland Nigeria (70)
  • Ofada Rice (6)
  • Online Marketing (50)
  • Product Sales (9)
  • Recharge and Get Paid (11)
  • Scholarship (7)
  • Scholarships (11)
  • Sponsored Post (223)
  • Trainings / Events (151)
Copyright © 2023 Youth Entrepreneurship
Dayo Adetiloye Business Hub

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
 

Loading Comments...