Markets

Nigerian exchange wins approval for public listing

  • The exchange began changing its ownership structure from a mutual company of stockbrokers in 2017, adding new shareholders in a process known as "demutualisation".
Published March 10, 2021 Updated March 10, 2021 06:23pm
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LAGOS: The Nigerian stock exchange said on Wednesday it has won regulatory approval paving way for a public listing of its shares.

The exchange began changing its ownership structure from a mutual company of stockbrokers in 2017, adding new shareholders in a process known as "demutualisation".