How to identify a Pump-and-Dump stock on the NGX 

The Nigerian Exchange (NGX) has seen a surge in retail participation, especially this year. However, with the increase in retail investors comes the rise of pump-and-dump stocks, which are manipulated to attract investor interest for quick gains. What are pump-and-dump stocks?  Pump-and-dump stocks are those that experience a rapid, artificial rise in price, driven by […]

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