Stockbrokers have x-rayed the state of the Nigerian capital market in 2022 and forecast recovery in 2023 despite the headwinds and uncertainties associated
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By Itohan Abara-Laserian
Lagos, Feb. 9, 2021 Participants at the annual economic review of the Chartered Institute of Stockbrokers (CIS) on Tuesday projected a positive outlook for the Nigerian capital market and the economy in 2021.
They also identified certain factors that must be addressed to achieve double digit in spite of the impacts of COVID-19 pandemic.
They made the projections at a webinar organised by the CIS themed: “The Nigerian Economic Review for 2020 and Outlook for 2021 With Recommendations”, in Lagos.
Presenting the CIS’s position paper, the Chairman, Research and Technical Committee, Mr Akeem Oyewale, said that economic outlook for 2021 was predicated on the timing and availability of vaccines to put covid-19 under control.