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23 October - Lagos Markets Wrap - Akinwonuola Atitebi - UBA

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Uploaded by on Oct 23, 2009

Chris Bishop speaks to Akinwonuola Atitebi from UBA looking at:
Market Close
Naira
Shell and goverment deal

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News & Politics

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Standard YouTube License

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  • The main problem that needs to be addressed before the markets can pick up is investor confidence. Proper reform and structure has to be in place before there can be sustain "greens" in the market. The $2billion dollar "market bail-out" funds will probably cause a sudden spike in the market followed by a pull pack and eventual parallel trading. Investor confidence is key. It seems the funds are targeted to excite speculators.

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