NSE to slash sectors to 11, proposes two-market structure
The Nigerian Stock Exchange, NSE, is set to undertake a restructuring of the secondary segment of the capital market, reducing the number of sectors to 11 from the present 33 and collapsing the three markets – Equities, Industrial Loan and Government Stocks markets into the Equities market and Bond market.
Mr. Oscar Onyema, Chief Executive Officer, NSE, in his presentation to chief executives of stockbroking houses in Lagos, made available to Vanguard, said that the restructuring will help streamline the market, boards and industry sectors for accurate representation of investment instruments and ensure that they are a true reflection of Nigeria’s economy sectors.
Related Posts
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
Nigeria News
- NNL: Mighty Jets, Wikki Tourists game to be played behind closed doors
- EPL: Carragher names two positions Arsenal must upgrade to win title
- Northern leaders failed despite 40 years in power – Dogara
- Port Harcourt refinery stops operation again, NNPC keeps mum
- Ex-Man United coach names team Cristiano Ronaldo could manage in future