INVESTMENT TALK WITH EMMA Emmanuel Ewumi (Over 20 years investing experience in Nigeria’s financial markets) A capital market embraces the entire financial system involved in the provision of long term funds. It is a market for the transfer of funds from the surplus spending units to the deficit spending units. There is no such thing as market for capital; rather there is a group of markets for securities that represent title of claims to capital and other resources owned by government, businesses and individuals. Capital market refers to a stock market or market for the trading of long term securities. […]