The Nigerian Exchange Limited (NGX) laid bare various opportunities that investors can tap into, to diversify their portfolios at its Retail Investor Workshop, on Tuesday, November 16, 2021.
At the webinar tagged ‘Creating an Investment Portfolio that Works in a Post-COVID Era’, Divisional Head, Trading Business, NGX, Jude Chiemeka said, “The advent of the COVID-19 global pandemic, amongst several important lessons, emphasized the need for individuals to have alternative sources of income other than salaries or profits from businesses.
“In the post-pandemic era, people are faced daily with the problem of finding credible investment platforms to grow their wealth.”
On the importance of investor-education, he pointed out that “This problem is even further complicated by the proliferation of Ponzi schemes promising high and unrealistic returns, hence the need for investors’ education.
“At NGX, we therefore continue to prioritise investor education to ensure that investors understand capital market investments and mechanisms, as only then will they be empowered to make sound investment decisions.”
Chiemeka also highlighted that as a multi-asset Exchange, NGX deployed various products like equities, fixed incomes, Exchange Traded Fund (ETFs) and derivatives for every investor regardless of what their investment goals, risk appetite or return expectations may be.
The webinar featured two presentations the first of which was by Senior Equity Trader, ARM Securities Limited, Joshua Olutola, with the theme ‘Building Your Own Portfolio’.
In the closing remarks Head, Retail Investor Coverage, NGX, OlumideOrojimi noted that over the years, NGX has shown relentless commitment in deepening retail participation in the capital market by organizing various investors’ education programs to equip existing and potential investors with adequate knowledge and skills to effectively manage and grow their financial resources.