Finance & Investments

Home Expert areas Finance & Investments


Chukwuma Dim

Chair, Finance & Investment

Uju Ikedionu-Obichukwu

Corporate Finance & Governance

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In 2008, Enhancing Financial Inclusion and Access (EFInA) conducted a survey that revealed that 52.5% of the adult population in Nigeria were excluded from financial services. It called attention to the level of financial exclusion in the country.

The stock market is a mechanism that enables risk sharing and wealth accumulation. No wonder it continues to surprise and interest financial experts that most individuals do not invest part of their wealth in the stock market – a phenomenon dubbed non-participation puzzle. While financial illiteracy may explain some non-participation, it is common to find financially literate people that do not participate in the stock market.



We live in a world of uncertainties and uncertainties rewrite expectations and optimal plans. For instance, the Coronavirus pandemic took the world by surprise and putting many countries of the world in the position of emerging economies.