, the Managing Director of Nigerian Stock Exchange Limited, Mr Temi Popoola, speaks on deepening the stock market in the country among other issuesdemutualisation of the exchange was completed in March after which you became the CEO of the Nigerian Exchange Limited. What has been the experience?
We took this approach to fully commercialise the functions of the exchange as a corporate entity and differentiate the regulatory function to prevent conflicts of interest. This ensures that NGX can focus on exploring new opportunities, leveraging strategic partnerships, and transacting business to deliver profit.
Your annual report shows that income from new issuers has dropped and has been on that reduction trend for a few years, what’s happening with IPOs at the exchange?