21.05.2012 - The benefits of SWF to the Nigerian economy
The benefits of an SWF to the Nigerian economy cannot be overemphasized, which is why other oil economies around the globe have long embraced the idea. Foreign portfolio investors have proven volatile and lack sufficient faith and understanding of the Nigerian markets. The SWF can help create stability in the markets and deepen investors’ confidence. It will also allay the fears of sceptics who argue that the Nigerian market may not be able to absorb equity listings of major corporations from Telco’s and oil and gas companies...............................................Full Article: Source
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