Stop Hiding Naira Under Your Bed & Invest In Stocks/Bonds

Arise Business Correspondent Rotus Oddiri discussed the year-to-date return of the Nigerian stock exchange as well as the latest Retail savings bond offering from the Debt Management office
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[@emmanueladeyosoye3607]

Lack of strong institutions does encourage local investor confidence

[@obazeeosazee2482]

Alot of retail investors are flooding the NGX lately.

[@israelchukwuemeka3199]

One mistake i'll say Rotus makes here is, Debt to GDP is not a direct evaluation metrics for performing economy, most of the US debts are internal, meaning credits and loans, so they can very much have an over 100% debt to GDP ratio and it doesn't affect their economy since the debt will be directly paid back into the economy,
But in the case of Nigeria, most of these debts are external, meaning when being paid back money is being taken out of the economy, so the equivalence here is flawed

[@oloduest]

Coming from a financial institution with bad reputation of inside trading and all that....invested 700k in a bank at 50k per share and last time I checked its worth 24k. Make una dey play. Once bitten twice shy.

[@youme1414]

Hehehe... Hiding Naira under the bed. Nigeria is still way undeveloped

[@luckyosime922]

rotus should look for something else to tell us....rather thN telling us not to hold back our naira

[@Osazee989]

Rufai knows nothing