#threadseries
Nigerian Stock Market
The #equities market presents attractive opportunities for #investors in form of capital appreciation and dividend return given the low yield environment in the fixed income space.
Nigerian Stock Market
The #equities market presents attractive opportunities for #investors in form of capital appreciation and dividend return given the low yield environment in the fixed income space.
#Nigerian stocks are currently undervalued and present an opportunity for growth in the short to medium term.
The current #ROI in the #equities market is positive with a YTD return at over 47.5% compared to the #inflation rate at 14.9%.
The current #ROI in the #equities market is positive with a YTD return at over 47.5% compared to the #inflation rate at 14.9%.
We believe #stocks in the #financial services (mostly #banks), ICT, and the #industrial sectors present strong prospects for growth given their resilience to the #economic recession.
Nigerian Pension Industry
The trending thing in the #pension industry is the #RSA transfer which commenced on 16th November 2020.
The trending thing in the #pension industry is the #RSA transfer which commenced on 16th November 2020.
The first week in January 2021 will be when the first transfer of the pension assets will be done and the successful and seamless transfer of these #pension assets will trigger the furry of activities in the industry.
#Pension Fund Administrators will lay emphasis on rendering quality service delivery and ensuring wise #investment decisions to retain their #RSA holders amidst competition from other PFAs, this will be the focus for PFAs in 2021.
Nigeria debt market
#Investments in domestic bills and bonds will earn a negative real return when compared with the inflation rate.
For emphasis, the 5-year and 10-year bonds currently trade at 5.2% and 6.3% respectively and the 1-year #Treasury bill trades at a 0.65% yield.
#Investments in domestic bills and bonds will earn a negative real return when compared with the inflation rate.
For emphasis, the 5-year and 10-year bonds currently trade at 5.2% and 6.3% respectively and the 1-year #Treasury bill trades at a 0.65% yield.
The Sub-Saharan Africa #Eurobonds market presents opportunities for attractive yields and serves as a currency hedge at current pricing.”
Commodities
There are risks to our outlook on SSA instruments due to the susceptibility of #commodity prices to global economic uncertainties.
There are risks to our outlook on SSA instruments due to the susceptibility of #commodity prices to global economic uncertainties.
A prolonged new wave of the #COVID19 pandemic especially in developed countries and a delay in deployment of #vaccines may adversely impact #commodity prices and drive sell-offs in SSA instruments
#Thread End
• • •
Missing some Tweet in this thread? You can try to
force a refresh
