The low prices of stocks and the seeming instability of the country’s equity market do not augur well for the economy. Nigerian stocks are at the moment regarded as virtually the cheapest in relation to other major African economies such as South Africa, Egypt, Kenya and Ghana.
Merely growing its business turnover or making money in Nigeria without giving Nigerians the opportunity to be shareholders in the company is not morally justifiable nor does it make good business sense. Once this listing on the market is settled, the next issue is the need for the company to exceed the free float permitted in the market.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
SEC confirms MTN application for listing on stock marketMTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE).This was made known by the Head of Corporate
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