The Chief Executive Officer of the Nigerian Exchange, Temi Popoola says the decentralisation of the power sector opens opportunities for more power firms to list on the exchange as efforts are underway to increase representation of other key sectors.
Paul Gbededo, an Independent Non-Executive Director at Geregu Power says talks are underway with government and other stakeholders to resolve power evacuation challenges as the firm seeks to increase its generation capacity.
The Nigerian Exchange Limited (NGX) has announced that the proposed launch of non-depository receipts (NDR) will give investors access to financial instruments listed on offshore exchanges and deepen the market.
Following buying interest in Guinness and 16 stocks, transactions on the equities sector of the Nigerian Exchange Limited (NGX) continued in an upbeat yesterday, causing market capitalisation to rise further by