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As banks’ provision for loan losses continue to increase going by the results released by financial institutions on the Nigerian Exchange Limited (NGX), analysts and operators have highlighted the need for banks to increase lending to small and medium enterprises (SMEs) to avoid erosion of revenue. ....
The high cost of issuing long-term domestic debt, which has spurred banks’ increased appetite for external borrowings through Eurobonds, has become a source of worry to stakeholders. ....
Capital market operators have renewed the call for relevant authorities to expedite action to list privatised companies on the Exchange, stating that the listing of 10 new companies on the Nigerian Exchange Limited. ....
Attempts by the capital market regulators to woo investors have not yielded the desired result, with investors blaming apathy and illiquidity for the poor performance of the capital market. ....
To achieve stock market stability, investors have urged the government to promote national savings culture through incentives that would ensure improved patronage in the retail segment and increase investment in the market. Besides, they stressed the need for Federal Government to continue to moderate the rate it offers its debt instruments – Treasury bills and FGN bonds, so that portfolio investors will be compelled to look for alternative instruments with better returns such as the equities market. The Nigerian Exchange Limited (NGX) foreign portfolio report confirms the growing apathy to local investment in the capital market. Despite investment opportunities in the Nigerian equities market, given the relatively low prices of stocks, 2020 saw a total foreign outflow of N481.93 billion against an inflow of N247.27 billion while in the month of February 2021, foreign outflow of N39 billion from the equities market was recorded compared to an inflow of N23 billion. ....