PROSHARE TARGETS DEEPENING OF FINANCIAL MARKET KNOWLEDGE BASE

Proshare Nigeria is set to launch a new portal in its quest to deepen the knowledge base of the Nigerian economic and financial landscape.

According to a statement, signed by Queen Omozokpia, Head, Administration, the company will from Thursday, September 1, 2011 official replace its current website further to the launch of the fifth edition of the financial and economic information portal, www.proshareng.com in direct response to the need to recalibrate the information needs and requirements for all stakeholders in the fast changing Nigerian financial market space.

She disclosed that the project started in 2009, in the wake of the meltdown in Nigeria's financial sector, brought about by the crisis in the global financial landscape.

She noted that the crisis provided the foundation for the restructuring of the market, especially in the way information is gathered, processed, stored, delivered and used in the newly restructured market.

According to Omozokpia, in consultation with key stakeholders in the market, the company embarked on this self-funded project to deliver an information portal that would recognise the seven key signposts of the new market.

The key signposts captured by the portal, she noted, include, 'The Analyst, Regulator, Economy, Share Support Services and investor relations service, Investment Community, Web Television and news Services.'

She explained that the innovation is meant to acknowledge the end of a long period of relative stability where policy, both fiscal and monetary; will undergo a lot of twists and turns with many changes in market direction, making it difficult to stay ahead of the curve.