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The survey design entailed the administration of questionnaires as well as structured interviews with senior executives at some of Nigeria’s largest stock-brokering firms, located in Lagos, Abuja and Port Harcourt.
The scope of the project was limited to capital market operatives as managers of investible funds. Excluded from the surveys were other categories of investors such as High Network Investors (HNI), money market operators, banks and other financial institutions, etc. The choice of specific interviewees was done randomly.
“In all, a total of 90 questionnaires were administered with 30 submissions received, representing an overall response rate of 33...
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