What implication does the President's directive to the CBN hold for the economy?
The CBN seems to be making the same mistake with PSB as it has made with commercial banks.
The market enables price discovery, and prices are based on interplay of supply and demand.
Small capitalized stocks according to the NSE are listed companies with a market cap below $150m.
RSA return is an amount equal to the total pension contribution made, plus investment returns.
To calculate payback, the cash flow or return from the investment needs to be known.
What an American investor would do if he had to invest $100,000.
Focus on building up your emergency funds before building a portfolio of assets.
Investors should always look at the sector P.E. and compare that with individual stock P.E.
TVM is a principle that everyone must understand how it works and its application in taking business decisions.