Nigerian Exchange Plc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Goddy Egene NASD Plc, platform providing over-the-counter (OTC) market for public unlisted securities has admitted the shares of the demutualised Nigerian Stock Exchange holding company, called Nigerian Exchange Plc (NGX) to the OTC market. Following the demutualisation, NGX recently distributed 1,964,115,918 ordinary shares of 50 kobo each to over 200 dealing members and additional ordinary members, who have now become shareholders. And the Nigeria’s capital market rules require all public securities to be registered with the Securities and Exchange Commission (SEC) and could be traded only on platforms registered by the commission. According to the Managing Director of NASD Plc, Mr. Bola Ajomale, in line with regulatory rules and in support of enabling liquidity in the market, NASD OTC provides the perfect landing platform for the 60-year-old company that has spent approximately 10 years in its demutualisation exercise.

Oscar onyemaOtunba abimbola ogunbanjoGoddy egeneExchange commissionNigerian stock exchangeNigerian exchange plcGroup plcCorporate affairs commissionManaging directorBola ajomaleGroup chief executive officerTransition planபரிமாற்றம் தரகுநைஜீரியன் ஸ்டாக் பரிமாற்றம்குழு ப்ல்பெருநிறுவன வாழ்க்கைத்தொழில்கள் தரகு