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The NSE said that the Growth Board is established as part of its initiative to elevate the Nigerian capital market and meet the needs of businesses at every phase of their lifecycle.

Until 2015, NSE maintained two boards – the Main Board and Alternative Securities Market . The Main Board targets well-established companies with a demonstrable track record of commitment to high standards of disclosure and corporate governance, while the ASeM Board is a platform with an additional focus on small to mid-sized companies.

Commenting on the Growth Board, Olumide Bolumole, Head, Listings Business Division explained that the launch of the Growth Board further re-affirms NSE’s long standing tradition of supporting the development of SMEs in Nigeria by offering entrepreneurs opportunities to access finance and scale their businesses.

In line with its efforts to deliver value to listed companies, PREMIUM TIMES understands that the Exchange will present companies aspiring to list or are listed on the Growth Board with access to its Value Added Services program.

 

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