Stock market participation in Africa remains extremely low. A report published in Nigeria by Nairametrics some months ago indicated that there were about 5 (five) million Central Securities Clearing Systems (CSCS) accounts in Nigeria, of which only about 100,000 were active. That means that less than 2% of Nigerians have CSCS accounts at all, and only 0.05% of the population were active on the Nigerian Stock market. Of course the picture is similar across most African countries. While this is so, we have come across a lot of questions from people recently requesting to understand how to get started participating in the Stock market and investing in shares of quoted companies. This article is an attempt to provide a response to such requests and help get as many people as possible get started in their wealth creation journey. The Stock market is where securities or stocks or shares of Publicly listed Companies are traded every working day. In Nigeria, to participate in trading such...
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