Stockbroker advises Nigerians to invest in capital market to boost financial security

A stockbroker, David Adonri, has urged Nigerians to embrace investments in the capital market as a viable means of securing their financial future and creating sustainable wealth.
Mr Adonri, Vice President of Highcap Securities, made the call during an interview on Sunday in Lagos.
He said that investment entailed purchasing assets that generate returns, describing it as a reliable vehicle for multiplying wealth and achieving long-term financial goals.
According to him, the capital market offers a wide range of products that cater to the diverse investment objectives of investors.
He said the divisibility of assets traded on the market makes it possible for investors to partially exit whenever they require cash.
He advised investors to always consider including money market instruments in their portfolio to meet short-term liquidity needs without jeopardising their long-term investment plans.
Mr Adonri said that the capital market remains strictly regulated by the Securities and Exchange Commission (SEC) and other self-regulating organisations to safeguard investors’ interests.
He, however, warned the public to be wary of Ponzi schemes, describing them as fraudulent arrangements designed to defraud unsuspecting people.
“With the new Investment and Securities Act 2025, SEC has been empowered to deal decisively with promoters of Ponzi schemes. However, investors are advised to cross-check any financial scheme promising outrageous returns and seek advice from licensed stockbrokers,” he said.
Mr Adonri reiterated the need for investors to conduct due diligence before committing funds to any scheme.
He said that only legitimate capital market investments could guarantee long-term wealth creation and financial security.
(NAN)
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