SELECTION OF INVESTMENT PORTFOLIO: A CASE OF THE NIGERIAN BANKING SECTOR

摘要

The Nigerian banking sector has made a tremendous success in the recent past. All banks thatapproached the capital market via public offerings to raise their capital base recorded hugesuccesses. However, the recent global financial crisis that has caused economic meltdown andsudden fall in share prices has brought a higher risk than envisaged by investors, particularlythose investing in bank stocks. This paper applies the Analytic Hierarchy Process (AHP) todetermine the importance of the various criteria, factors and alternatives that are very essentialto successful investment decisions in the face of the current economic recession.