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The Investor Education Unit of the Market Development Department is …The Investor Education Unit of the Market Development Department is …The Investor Education Unit of the Market Development Department is …The Investor Education Unit of the Market Development Department is …The Investor Education Unit of the Market Development Department is …The Investor Education Unit of the Market Development Department is …

 

Glossary – See All


Preference shares

Preference shares is a type of debt instrument issued by companies in which the shareholders do not want to dilute their ownership interest.

Debt Instruments

Companies that do not want to immediately dilute their ownership interest in the company use debt instruments to raise funds from the capital market.

Equities

Equities (also called ordinary shares or common stock) are issued by companies that want to sell to the investor a part of itself in order to raise funds for development and expansion.

Money Savvy

Money Savvy is a program that offers children essential age-appropriate financial lessons and corresponding activities as they grow.

Nigerian Stock Exchange

The Nigerian Stock Exchange which provides platform for buying and selling of shares and its transactions are regulated by Securities and Exchange Commission.

Share

Also called equity or stock, a share,  is a unit of ownership in a company. When you buy share, you become a shareholder and part owner of the company.

Unit

The smallest portion or part of the collective investment scheme (CIS) portfolio that can be bought by the investor.

Unit Trusts

A unit trust is an investment scheme that pools savings of the public who share the same financial interests. The pooled savings are then invested in securities such as shares, bonds and other authorised securities.

Trustee

An individual or company who holds the assets of a collective investment fund on behalf of its investors, who are the beneficiaries of the trust.

Frequently Asked Questions (FAQs) – See All


Straight – Through – Processing (STP)

What is STP? Straight – Through – Processing is an initiative which enables the entire trade process for financial transactions (e.g. capital markets or other payment transactions) to be conducted electronically without the need for further manual...

Dematerialization

  “Dematerialization” also known as “demat” is the elimination of physical certificates or documents of title which represents ownership of securities so that securities exist only as accounting records” It is the process of converting securities (shares, bonds...

How Should I Respond to Ponzi Schemes?

Your response to them and their marketers should be: Ascertain the name of the scheme and its office address. Visit the SEC website (sec.gov.ng) for information on registered fund managers and to determine whether or not the scheme is registered with the Securities...

Why Do Ponzi Schemes Succeed?

1. Initial Credibility: The person running the scheme usually is a person of some credibility who is able to convince the initial investors to trust him/her with their money. 2. Investors fail to refer to regulatory authorities to ascertain the genuineness of...

How Do Ponzi Schemes Operate?

They make payments to their initial investors to serve as testimonials to convince and secure the trust of more victims. With the spread of the “good news”, many investors would storm the scheme with deposits of hard earned or borrowed monies amounting to millions...

How Can Ponzi Schemes Be Identified?

Extra-ordinary profit: They promise to give a very high return for money they collect. First comer bait: As part of the ploy to convince their customers and achieve their goal, Ponzi Schemes ensure that they pay the stipulated amount to their relatively few initial...

What are Ponzi Schemes?

Ponzi Schemes, Wonder Banks, Pyramid Schemes, Investment scams and so on, refer to unregistered, fraudulent/illegal investment operations in which the operators, usually individuals or organizations offer incredibly high interest rates or returns to investors, always...