NOW, BUY & SELL SHARES FROM YOUR PHONE.

Foreign and Nigerian investors can now monitor their investment; buy and sell shares quoted in the Nigerian stock exchange from their mobile phones.
According to the CEO of the Exchange Mr Oscar Onyema. at least seven dealing members (stockbrokers) " have developed applications" that allow their clients to monitor. buy and sell their stocks and shares while on the move.
Mr Onyema was speaking November 3, 2015 during the induction ceremony for 31 new dealing clerks at the exchange.
He told the new clerks "I welcome you all into a new relationship that faces inwards for professionalism  integrity, transparency and reliability and outwards in excellent service to our investing and issuer communities"
Apparently with an eye on recent changes in the rules and regulations of the exchange, he added " we are changing the game as well to become a more transparent and efficient exchange" because "our long term outlook for the exchange remains positive".
He added that this was in spite of the fact that 20 out of the 24 African exchanges are experiencing downturn and in particular , that the NSE is about 18% down.
In his view, the changing fortunes of the large capitalisation companies is responsible more for this because " medium scale capitalisation companies have done well, about 6% positive"
Dealing clerks are the professionals who trade on the floor of the exchange as representatives of dealing members as per mandates from the investing public.

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