10 Functions Of The Nigerian Capital Market

Below are some of the functions of the Nigerian capital market. A part of the features of the Nigerian capital market is to face as middleman between the savers and the investors, that is to say that, the Nigerian capital market Nigeria is that link between savers and traders. It plays a big role in galvanizing all of the financial savings and as well, see to it that, these financial savings are diverted in investments it deems can be productive.

Fueled by a new era of Nigerian customers, wholesale and retail sales are already the third largest contributors to Nigeria’s GDP, contributing 16% to the overall, albeit mostly through informal markets. In keeping with Nielsen, basic necessities such as meals, private care gadgets and household products account for 37% of whole cash households spend.

However, such rights can be exercised both by the individual or a government. "… Law, Liberty and Property are an inseparable Trinity." - Friedrich Hayek. Along with the suitable to use and control resources derived from property possession, the concept of property right additionally includes the best to delegate these assets at one’s will.

Because of low production in Nigeria, most of fertilizer is imported. Thus, over dependence on imported fertilizer outcomes drain on international reserve. What’s worse, it results in more calls for on fertilizer importation and high fertilizer price, after which farmers are unaffordable after they purchase fertilizer. There have been two massive fertilizer production manufacturers-the Federal Super phosphate Fertilizer Company (FSFC) set up in 1976 and the National Fertilizer Company of Nigeria (NAFCON) arrange in 1988 for the production of urea.

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