TRADING OF STOCKS AND BONDS IN PUBLIC SECTOR COMPANIES (AN APPLICATION TO OIL COMPANIES IN NIGERIA)
Journal: SRJ'S FOR HUMANITY SCIENCES & ENGLISH LANGUAGE (Vol.11, No. 60)Publication Date: 2023-12-01
Authors : Ibrahim Aliyu Shehu; Mohammed Saje Jajere;
Page : 206-225
Keywords : - Stocks; Bonds; Public sector companies; Oil companies; legal and regulatory framework_;
Abstract
The concept of stocks and bonds trade in the Nigeria oil sector has been a major hub of discussion whenever the state of the nation's economy is being discussed by local and international investors. Thus, this research buttressed the challenges bedeviling this critical sector, bearing in mind the enabling statutes and policies of government regulating the sector. Also, this research major significance is breaching the gap of communication and easing the understanding of the entire concept for the general populace and potential investors. While the major objective of is to explore the constraints faced by potential investors and the possible remedy. The major challenges surrounding the whole sector are ignorance, nepotism and corruption, which gave room to all sort of complexities; one will be left to the only pragmatic approach which will be tilted towards the doctrinal method with the use of secondary based source and legal analysis. What dashed out the hope of potential investors in the stock markets participation is uncertainty and security of investment. And the appropriate remedy for this malady is sound legal and regulatory framework.
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