Investing in the Nigerian Capital Market – What You Should Know
What is a capital market? Capital market is a market for trading medium to long-term financial instruments such as shares and bonds with a maturity in excess of one year. The capital market is divided into primary and secondary markets. What is a primary market? A primary market is a market for the sale and purchase of newly issued securities of a company or government. It is also called new issues market. The proceeds realized go to the issuers i.e. the entities selling the securities. What …