SEC enlighten investors on ‘investing in difficult times’

The Securities and Exchange Commission (SEC) has held a webinar to educate investors in the Nigerian capital market in understanding the rudiments of investing in difficult times.

The event which held Tuesday had experts in the sector dissect the topic, explaining ways investors can make a profit in this present situation.

It is no news that since the beginning of the year, the global COVID-19 pandemic has affected many businesses as well as economies of the world.

The effect of the virus, which is yet to wrap, caused economies of the United Kingdom, France, and others to slip into recession and recently, Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, warned that the country may fall into an economic crisis soon.

As things continue to get harder and the purchasing power of citizens further shrinks, it may be tough for capital market investors, who are battling with a double war of rising inflation rate and the declining interest rate on their investments, especially on government debt securities.

Thus, to help investors navigate these issues, the apex capital market regulator came up with an online lecture.

Speakers at the event were Mrs. Tope Omojokun, Mr. Derrick Msibi, and Mr. Efiok Efiok.