Introduction To The Nigerian Stock Market

Introduction To The Nigerian Stock Market
The Nigerian stock market is a phenomenon! I had watched it grow from less than a trillion naira total capitalization in 1999 during the advent of democracy to more than 12 trillion naira within the space of 8 years since the beginning of the Obasanjo regime and more than 10 trillion naira in recent times. That is an average annual growth of 1.25 trillion naira. The total capitalization of the stock exchange is therefore in multiples of the Nigerian annual budget which is less than 3 trillion naira. This is to say the stock market in Nigeria can conveniently fund the Federal budget of Nigeria many times over if there is no revenue accruing from oil and other sources of income for Government.
The potential of the Nigerian stock exchange in creating wealth for individuals and helping them to attain financial stability, comfort and freedom cannot be overemphasized. It is a system that affords civil servants especially to insulate themselves from financial instability occasioned by unfavourable policy of Government as is affects salary and wages. Undoubtedly, it is no more news that the salary a Government worker earns cannot take him home as it is commonly said by civil servants.
Statistically, less than 1% of the Nigerian populace currently invests in the Nigerian stock market. This is despite the fact that there is increased awareness of the stock exchange occasioned by the heavy publicity of the exchange’s management, Banks and other companies assessing the exchange for funds and complementary educational activities of NGOs.
For the civil servant, the scenario is more pathetic in terms of active investment in the stock exchange. This is due to the poor financial and investment habits of civil servants whose lifestyle and financial habits favours acquisition of liabilities which they erroneously belief to be assets. The financial status of majority of civil servants is being daily threatened by inflation and increase in responsibilities to parents, nuclear family, other dependants, the society and religious organizations to which they belong.
This book is as a result of the author’s desire to make available to civil servants, businessmen, students and young graduates life- changing information on the secrets of profitable investment in the Nigerian stock market. The information I’m placing at your disposal now was strictly reserved for few people when it was first written in 2004 to test its practicability. Between then and now, I had seen the radical change in their financial status and investment habits due to the positive impact the information in this manual had on them. They paid between N2,000 and N5,000 for the manual.
The result of the testing encouraged me to make the information available to more Nigerians in its electronic form( E-Book) through the internet. Here are the testimonies of the lucky individuals who purchased it across the Country:

‘SIR YOUR EBOOK TO ME IS A SURE BANKER.WHY I BOUGHT IT THIS TIME IS THAT I REALISED THAT IT IS NOT EASY FOR ONE TO LEAD HIMSELF AND SUCCEED. I JOINED CAPITAL MARKET 2005 , FROM THEN I HAVE MADE MANY INVESTMENT MISTAKES BUT NOW I USE YOUR EBOOK AS MY GUIDE AND I HAVE STARTED TO SEE LIGHT COMING INTO MY INVESTMENT PLAN TNANKS. AZUBUIKE FROM PORT HARCOURT’
AZUBUIKE NWOGU
ranzubuogu@yahoo.com


‘Complement of the season Mr. Solomon I am very much grateful to God I’ve met a person like you who is showing much interest in the upliftment of those who are financially incapacitated ie still looking out for their financial breakthrough.

I got you resent letter to me to be sincere I was very glad when I received the E-book going through it, I discovered that with the analysis of those corporation or institutions, the E-book is not just a book but an oracle and a path to wealth with peace of mind. It was am eye opener to a hidden direction. For your information I have also bought into ABC recently 10,000 units more strength to your elbow and remains blessed’.

Anthony Osang, Lagos
Thanks.



‘Hello,
Thanks for the ebook, i must confess that i would have been trading in NSE for sometimes now if i have got it earlier than now.
It is a secret everyone should know and have, waiting to hear from you soon.
God bless.’
Rev.Stephen Babatunde Abobade
Akure
08032582512


‘Mr. Solomon,
Thanks for your response in sending the E-book on Climbing the Millionaire's ladder.
I have read the book. It is highly educative. In fact I have begun to plan and act in buying some stocks which I would not have ever attempt to buy. One of them is Neimeth. The other one is Tripple Gee. My going into these stocks was as a result of my coming in contact with you and your publications. Thanks for sharing your ideas with people like me.’

Yours truly,

Love Ojumupy45km
08033462618


‘Sir,
Infact, I thank u for the E-book u sent, this book is more than the price u sell it because when I read through the book, I saw all the informations I need to in this book, I really thank, more power to your elbow sir.
Bye’
Ademola Wasiu
Abuja
demmyzenny001@yahoo.com
08034423605

These satisfied users of the manual had since found joy and satisfaction through the financial solution placed at their disposal which has transformed them to high financial pedestal, earn them respect from their family and community and given them greater hope in achieving financial success in Nigeria without going abroad.
This is now the time for you to experience the power of information that will practically uplift you from the dungeon of financial distress and catastrophy to financial freedom. You will not be among those looking up to Government pension after retirement to survive. Your pension administrator will be the one begging you to come and draw your money instead of you running after them.
In this book, you will find simple, easy to apply stock investment tips and strategies that will widen your financial horizon without cheating on your employer and make you regret not starting your stock investment career earlier.

O.k now, let’s talk about you.
You are reading this free report because you have taken time to think about your future and family responsibilities. You do not want to be destroyed by poverty. You want the good things of life. You want the best for your spouse, children and other dependants. As for your children, you want to give them the best education. You want to leave the rat race. Your salary can no longer meet your insatiable needs. You may even be in devastating debt situation. Above all, you have been hearing a lot of noise about the Nigerian stock market and you want to Make It In The Nigerian Stock Market Building Your Wealth From Ground Floor Up.
It is possible. Knowing your Present Situation By Careful Analysis Can Help You Understand Better What Step To Take And How To Invest Your Way Out Of Poverty.
As you are reading this report, you’ll belong to one these categories of people in Nigeria:
(1) A Career Person
(2) A Businessman/Woman
(3) A Youth/Student
(4) A Pastor/Minister of God

Let us analyze the situation of people in these categories and see the future that awaits them:

A Career Person
You are either working for government or a private company. You live on salary. Your salary cannot take you home talk less of meeting your needs. Those who depended on government or their companies to take care of their future lived to regret it later in life at old age. The story of Nigerian pensioners and civil servants is a bad and terrible case study. They struggle to meet their needs in their working years and get abandoned by government at old age after retirement. You see, government has a history of defaulting in paying pension to retired civil servants. The day you step out of the gate after your colleagues had sent you off in your place of work is the day your story is closed. You become history. You no longer command the respect hitherto given to you. To make matters worse, your salary is slashed by 5 times. This is at the time you need more money to take care of your needs at old age.
I beg you not to allow government or the company you are working for to be in control of your financial future. Old pensioners are gradually dropping dead on queue for gratuity payment that never came. If you are a civil servant reading this write up, put on your thinking cap and get your financial life out of the hand of government as fast as possible. The earlier you get that done, the better your future would be. Let me share the secret I recently discovered with you. The new pension scheme is worst than the old one. It is a booby trap for civil servants. If you do not start aggressive investment now, you will regret it later. Be warned. Okay, we move to next category.

You Are A Businessman/Woman
That is good. You own your business. You are in charge but your business is controlling you. You are not financially free. If you are not there, the business will collapse. The money you make depend largely on the time you physically devote to the business. Time is money is your slogan. But history has shown that all businesses has cycles. No matter how profitable your business is today, a down turn will come. That is a natural trend. The income coming will soon stop flowing because it must obey the law of cycles. You see, you are earning linear income. As a professional may be medical Doctor, pharmacist, accountant or engineer, you are making it from your business as self employed but do you know what? You’ll never be financially free if you continue with your present mindset. You must have a turn around and get yourself on the path of passive income-that is money that comes in when you are not working for it. You need skills to make money work for you.
I agree. You say you are not a businessman but…..

You Are A Student/Youth
Everything seems to be to your advantage. You are young and hopeful. The future is bright. You have dreams and ambition. My problem with you is that you are being trained by the Nigerian school system to look for job after your education. It is a pity. Thousands of unemployed graduates are already waiting in the unemployment market seeking for jobs that is not available. The available jobs needs new skills and new ways of thinking. Data available reveals that 60% of Nigerian graduates are unemployable. The world has left them behind. Is that the kind of future you say you are preparing for? I do not wish you such. But your life is in your hands. Your attitude will determine your future financial altitude.

You Are Non Of The Above But A Pastor
Yes. Listen man of God. You stand a better chance of influencing your congregation for good if you are financially free. Depending of your congregation for source of livelihood can be frustrating. They will despise and look down on you. You should be a good model to them in investing for life and eternity. Never neglect your financial well -being. Your spouse will love you more and respect you. Your ministry will grow and bring more souls to the kingdom. Ca va?

How You Can Make It In The Nigerian Stock Market Is My Business In This Report
2008 has already broken record as one of the worst year for investors in Nigeria. Hope of many has been dashed because they lacked timely information. Don’t worry, I will explain myself.
First Bank Plc had an IPO in 2007. More than 500% of those who invested in that offer had their monies returned in 2008. Unfortunately, most people borrowed millions to invest in that offer. They paid interest to their creditors with the hope of making profit when the share appreciates. That never happened. Their applications were rejected simply due to over-subscription. If they had been priviledged to have the information I made available to my protégé, they could not have foolishly bought into that IPO. Some investors have even organized themselves and sued the bank for returning their monies. Who is losing?
Let me give you another example so that you know how information can save your neck and keep you at peace in times of uncertainty in the Nigerian stock market.
Since march 2008, things have been very bad for most investors on the stock market. Billions has been lost as a result of wrong entry and exit timing. The bears staged a devastating come back and had a firm control on the market. Yet it is that same period I made 116% gain in one of my investments through trading.
Those who rushed to buy Afroil are now biting their fingers. Stock brokers dubiously and aggressively mobilized the public to buy into that dead stock. I don’t want you to be a loser. I want you to Make It In The Nigerian Stock Market.
I have written A Book currently making waves in the market titled-‘Stock Trading For Dummies’ The book will expose you to rare investment secrets your millionaire neighbour never wish you know. The book will reveal to you how to make more than 1000% profit in the next 4 years. Guaranteed. You will also learn:
· How to make regular, unimaginable profits up to 100% or more trading in stocks.
· How To Avoid common Investment Mistakes
· How To Win In Bull And Bear Markets
· How To Develop The Millionaire’s Mindset In The Nigerian Stock Market
· How To Grow Your Passive Income To Beat Your Current Salary
· How To Outsmart Your Dubious Stock Broker
· How To Be Your Own Stock Analyst And Picker
· How To Permanently Defeat Poverty In Your Family
· How To Start Small And Grow Your Investment
· Rare Stocks You Never Knew Exist That Can Turn You Into Instant Millionaire
· How To Consistently Gain When Others Are Losing
· Where To Put Your Money And Have Peace Of Mind

You will also discover reputable brokers you can do business with. The E-Book is so simplified that any dummy can understand the tips and strategies for winning investment in the book.
Warning
As you read through this book, the inspiration to act swiftly can come to you at any page of the manual. When it does come, do not ignore it. Take immediate action to apply the principles revealed to you. I wish you good luck as you truly commence your investment career.

Benard Solomon
Your Investment Consultant
Note: Send email to megastock14@yahoo.com for ordering instructions on my book-‘ Stock Trading For Dummies’.