Stock Market, Other Investment Options In Nigeria In 2021

Nigeria Stock Market Investment

It is often best to initiate investment pans with a low risk investment experts say.

Having made a decision to invest in 2021 and scouting the available sectors in Nigeria, risk assessment is important before any kind of investment, whether the stock market or agriculture.

As a rule of thumb, experts advise going with a low-risk investment first, whether it is in Nigeria or anywhere else. If there is ever a need to go higher, then an advisor might be useful.

Where to invest in Nigeria in 2021

Nigeria offers a varied amount of reliable investment options, as well as, the opportunity of a huge customer base with its increasing population.

An investment in the Nigerian Stock Exchange or Agriculture is just as good. However, with a little more research, investors can establish better investment strategies.

Bonds and Stocks: These two are good investment options in Nigeria but it also depends on an investor. If the plan is having a long-term investment, stocks work best. Otherwise, the bonds investment in Nigeria can provide a stable income stream.

Financial sector: This includes banking and insurance industry which are among the most significant societal needs. Consider banks stocks when considering an investment in the sector. They are good dividend investments. This financial sector also led the NSE for most of 2020.

Real Estate: Nigeria has yet to grow in this sector with a lot of housing problems it faces. An investment in this sector could render considerably returns over time.

Agriculture: The stock market might appear like that first place to look in 2021, having emerged the best performing stock market in 2020 among the 93 equity indexes that Bloomberg tracks across the world.

However, the agricultural sector investment never fails to yield profit and with Nigeria’s population, this sector is the largest and most bustling sector in Nigeria. This industry is also an important part of the country’s economy.

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Christina Ngene

Content creator focusing on finance and business with five years of experience and a foundation in forex analysis.

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