The Nigerian Stock Exchange (NSE) Wednesday announced the launch of its 2019 factbook, created to improve knowledge base of investors for better investment decisions.
The Factbook, according to the NSE contains detailed information ranging from the five-year financial performance of all listed companies, to their dividend paying history among other features.
The NSE described the Factbook as a compendium of capital market information, aimed at ensuring availability and easy access to current and historical market information for both local and foreign investors.
This compendium, the NSE says incorporates various features aimed at ensuring readers have access to diverse and comprehensive market information.
The features include a 5-year financial performance data covering the dividend history of all listed companies listed, ranking of rated companies in line with the Corporate Governance Rating System (CGRS), international codes of listed securities, profiles of dealing members and quoted companies as well as frequently asked questions (FAQs) pertaining to the capital market.
Jude Chiemeka, divisional head of trading business at the Exchange, explained that timely and adequate information is critical to the workings of the capital market and is imperative for making desirable investment decisions.
“Over the years, the NSE Factbook has continued to be an invaluable resource for the investing community, providing insight into the operations of the stock market including activities of listed companies, dealing members and other stock market stakeholders. The Factbook is therefore a veritable tool for investor education”.
The local bourse added that the compendium is available for sale at a unit price of N30,000 from 30 July to 11 September, 2019.
‘The factbook can be purchased at N27,000 per unit, a 10 percent discount from the selling price. A further discount is available for bulk purchases of 5 copies or more, resulting in N25,050 per unit. In addition, the Factbook can be purchased for academic research at further discount. The eBook version can also be purchased via Amazon.com,” the NSE explained in an e-mailed statement.