AllAfrica.com – While the bank chiefs and the Central Bank of Nigeria have consistently advised Nigerians to keep faith with the ailing Nigerian Stock Exchange market, an investment adviser is suggesting that Nigerian investors should begin to seek alternative ways of investing their monies for better returns as the bearish trend in the market continues unabated.
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The alternative areas of investments he said are; Private Equity/Venture Capital, Credit/Structured Notes, Emotional Assets (Coins, Jewellery, Fine Art & Wine, etc) and Timber/Farmlands and Oil & Gas. Other options with high returns are "derivatives or physicals such as managed futures, commodities, currencies, hedge fund strategies, trading in volatility, carbon emissions, and weather derivatives among others."