10 Functions Of The Nigerian Capital Market

Below are among the functions of the Nigerian capital market. A part of the functions of the Nigerian capital market Nigeria is to face as middleman between the savers and the traders, that is to say that, the Nigerian capital market is that hyperlink between savers and investors. It plays a major role in galvanizing all the financial savings and as properly, see to it that, these financial savings are diverted in investments it deems could be productive.

Fueled by a new technology of Nigerian shoppers, wholesale and retail gross sales are already the third largest contributors to Nigeria’s GDP, contributing 16% to the whole, albeit principally through informal markets. In line with Nielsen, fundamental necessities similar to food, private care objects and family products account for 37% of total money households spend.

However, such rights could be exercised either by the individual or a authorities. "… Law, Liberty and Property are an inseparable Trinity." - Friedrich Hayek. Along with the appropriate to make use of and control sources derived from property possession, the idea of property right additionally includes the proper to delegate these assets at one’s will.

Due to low manufacturing in Nigeria, most of fertilizer is imported. Thus, over dependence on imported fertilizer results drain on international reserve. What’s worse, it leads to more demands on fertilizer importation and high fertilizer value, after which farmers are unaffordable once they purchase fertilizer. There have been two big fertilizer manufacturing manufacturers-the Federal Super phosphate Fertilizer Company (FSFC) set up in 1976 and the National Fertilizer Company of Nigeria (NAFCON) set up in 1988 for the manufacturing of urea.

Activities in the MTN places of work in Ibadan and Uyo had been temporarily halted but the intervention of police stalled the deliberate disruption of operations. But, the Uyo MTN workplace had its doorways and windows shattered, while attempts by protesters to burn down one of their workplaces in Lagos was foiled. Businesses at Shoprite shops in Osapa London, Lekki, Sangotedo in Ajah, Alausa, Ikeja have been grounded as protesters ordered customers to get out.