Retail investors in search of valuable information such as “Fact behind the figures” or excerpts of “investor calls” held between listed companies and analysts are not expected to find such information on the Nigerian Stock Exchange.
This is because there are no rules that mandate listed companies to publish such information on the stock exchange or even send notices of when such calls will be held. Instead, the companies send facts behind the figure’s information or notices on earnings calls to Pension Funds, Institutional Investors, and Fund Managers, giving them access to critical information required to make better investment decisions.