An Authur, by the name of Aswath Damodaran stated in his book "The Little Book of Valuation" that "Valuation is really a mechanism behind the wondrous ability to trade cash for claims".

By peeling back the layers, lies the jewel about what trading is all about. Simply stated, when you trade on the Nigerian Stock Exchange you are literally exercising your ability to take disposable income to purchase a share in a claim

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