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NSE organises Alternative Securities Market (ASeM) road show

By on September 26, 2013

The Nigerian Stock Exchange, NSE, has organised series of road shows across the country for its Alternative Securities Market, ASeM, that was targeted at the emerging companies operating in Nigeria.

The AeSM board on the NSE was developed to accommodate small to mid-sized companies, with high growth potential, seeking to access the capital market by raising long term finance plan.

Information gathered from the NSE revealed that the road show which was held in Port Harcourt, Uyo and Aba took place between the 4th and 6th of this month.

At the events which has as its theme, “Transforming businesses into Institutions”, the benefits of listing were discussed and participants were exposed to the opportunities available in the capital market.

The need for small to mid-sized companies to formalise their businesses to becoming sustainable institutions was also demonstrated.

Speaking on the events, The Head, Listings Sales Retention, NSE, Mrs. Taba Peterside, said the Exchange is seeking businesses that are ready to take the required next steps towards accessing the capital market.

According to her, “Since the launch of ASeM earlier this year, the NSE has proven that this is a major focus area. SMEs remain the drivers of growth in the Nigerian economy and the NSE is a staunch believer in the critical role of emerging enterprises in a developing economy”.

She added that the Exchange has provided AseM as a platform for sustainable growth and development of these companies.

The recently held symposiums were organised in collaboration with Nextzon Business Services (NSE Accredited Institutional Service Value Add Provider) and Designated Advisers.