FBNH Head, Investor Relations, Tolulope Oluwole.
By barnabas Esiet.
FBN Holdings (FBNH) Plc is optimistic that investors in the Nigerian market stand to earn enhanced returns when they choose companies with strong fundamentals having the potential for sustainable growth and profitability.
FBNH Head, Investor Relations, Tolulope Oluwole, disclosed this during a virtual forum organized) n Lagos by the Capital Market Correspondents Association of Nigeria (CAMCAN).
Oluwole advised retail investors to go beyond speculation and invest in stocks with underlying strong fundamentals and sound management having possibilities for growth.
“Understanding to invest in good companies such as FBNH is key at this time for investors not to have their fingers burnt again.” He warned.
He said the COVID-19 pandemic and downturn in the stock market provide an opportunity for investors to take positions for greater payoffs.
On the exit of foreign investors, Oluwole said they would soon return given the current strong business fundamentals in the Nigerian market.