Association of Stockbroking Houses of Nigeria (ASHON) don dey demand say dem need higher fees for stockbroking services. Dis demand come as a result of de increasing costs of doing business and de need to maintain profitability in de industry.
According to sources, de current fees dat stockbrokers dey collect no dey enough to cover deir operational costs, especially with de rising inflation and other economic challenges. ASHON dey argue say dat if dem no increase de fees, many stockbroking firms go struggle to stay in business.
De Nigerian Stock Exchange (NSE) and other regulatory bodies dey look into dis matter to see how dem go balance de needs of both de stockbrokers and de investors. Dey want make sure say any increase in fees no go affect de overall health of de capital market.
Investors and market analysts dey watch dis development closely, as any change in stockbroking fees go have significant impact on how people invest in de stock market. ASHON dey hope say dem go reach a mutually beneficial agreement soon.
