The Nigerian stock market is currently experiencing a go slow and a fall in prices. What happened? However some stocks are still expected to bring you some good returns on your investment. Look at the banking sector, a stock like Unity bank is currently low priced at =N=6.5. There are rumours that it is coming out for ipo very soon, but even if it doesn't it is still expected to rise in the 2nd half of this year by 50%. Buy as muhc as you can. Pharmadeko is also a good one to invest in. Also look at the Food sector, there's already the fear of a global food crisis spiralled by rising oil prices, invest in the food sector also like dangote sugar, big treat.
Follow Ups:
Re: Stock market predictions for 2008
Posted by Emma
on December 21, 2008 at 10:39:04:
In Reply to: Stock market predictions for 2008 posted by
Fayose Williams on May 08, 2008 at 14:43:07:
I don't think the nigerian stock market future for 2009 will be as bright as 2008. Look at what is going on in the global world
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