Nigerian Stock Exchange transforms into a listed company, appoints board

News Express |4th Mar 2020 | 1,741

The Nigerian Stock Exchange said, on Tuesday, it had won approval from members to become a listed company.

Consequently, the NSE has appointed a board of directors.

It would now re-register as a profit-making entity owned by shareholders called the Nigerian Exchange Group Plc.

The Group begins business with a share capital of 1.25 billion Naira ($4 million), as it transitions from being a not-for-profit entity to the current status. (Reuters)

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