Mary Nnah
The birth of the Nigerian Exchange Group (NGX) from what was hitherto known as the Nigerian Stock Exchange (NSE) has brought Nigeria to par with the global best practice.
Through what has been an eventful history, the Exchange, under Mr. Oscar Onyema, its GCEO, has eventually succeeded, despite all odds, in joining the global league of demutualised exchanges.
Scheduled to be launched soon, it has been a long journey from when the idea was first mooted to its achievement through the passage of the Demutualisation Act by the Nigerian National Assembly, and approvals by both the Securities and Exchange Commission (SEC) and the Corporate Affairs Commission (CAC).