Should the Asset Management Company of Nigeria have bought shares in these 10 companies in the wake of the coronavirus pandemic 


Ayo Akinfe 

[1] Pfizer 
[2] AstraZeneca 
[3] Zoom 
[4] Shopify
[5] Netflix
[6] T-Mobile
[7] PayPal Holdings
[8] NVIDIA Corp
[9] Facebook 
[10]  Tencent Holdings

They all enjoyed huge rises in their share prices and market capitalisation following the outbreak of the pandemic. Just imagine the revenue this would have generated for the Nigerian treasury.

Profits raised would easily have offset and surpassed loses suffered from the drop in crude oil revenue. Our problem is we are so fixated with petroleum we cannot see opportunities elsewhere.

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