Mathematical literacy and Nigerian Stock Exchange: an exposition of financial information for Blue-chip stocks’ business decision analysis

Authors: Hashim Sabo Bello, Department of Business Administration and Management, School of Management Sciences, Abubakar Tatari Ali Polytechnic Bauchi, Bauchi state, Nigeria. Mutari Haruna Dunari, Department of Mathematics and Statistics, College of Science and Technology, Hussaini Adamu Federal Polytechnic, Kazaure, Jigawa Sate, Nigeria. Pages: 31-39 DOI: 10.21272/fmir.2(2).31-39.2018 Download: Views: Downloads: 62 12 Abstract In academic study, as in other walks of life, figures can give you a lot of detailed information quickly and efficiently, the time you invest in learning how to read tables and diagrams will save you a lot in your future decision making. You will become informed much more precisely and much more rapidly once you can take advantages of these figures, following this premise, the study aims to find out how figures are being used to analyses the hypotheses put forward by stock brokers to peg prices of shares, and as well identify and interpret what they are being used for in the Nigerian stock Exchange. Consequently, this review work was based on descriptive content analysis of mathematical literacy and the Nigerian Stock Exchange with particular emphasis on financial numeracy regarding Blue-chip stocks and business decision analysis thereby primary source are make use of. Hence, this study focused on the importance of meaning making in mathematical literacy to solidify the understanding of blue-chip stocks so as to achieve a better business decision making in the fast moving world. Besides, the paper examined the stock numeracy experiences and its implications for business decision analysis. Herein, the study believed that the mathematical literacy is a critical component in the education of our nation's youth especially in this era of economic recession and the study therefore recommended that the level of mathematical understanding will provides the necessary mathematical base for success in the world of business by positioning groundwork for mathematical literate citizens i.e. the intelligent investors to assess the profitability, survivability, growth, stability, dividend (if any), likely problems, risks and other factors which may affect his/her investment in a particular company.