ReadR

ReadR

ReadR: Read and Share all content, headlines, news and trends results with Seefinish ReadR App.


Discover Content : Trends

Discover real-time trending topics, news headlines, twitter trends, google trends, hashtags, and content from different countries in the world.



Headline : Long trail of exiting companies threatens Nigerian Exchange’s drive to grow listings

Read more from the original article on here at www.premiumtimesng.com.





Tags : #long #trail #exiting #companies #threatens #nigerian #exchanges #drive #grow #listings



No. of Paragraph 73

Between last year and now, the Nigerian Exchange (NGX) has seen a surge of voluntary exits from companies listed on the bourse as more firms, for various motivations, rejig their business models to seek greater opportunities outside public ownership.

From banking to energy and consumer goods sectors, at least seven firms have left the exchange on their own within the period or are in the middle of doing so in moves that could weaken the NGX’s newfound drive to attract fresh listings and boost market capitalisation.

The exchange only admitted two new companies (VFD Group and Mecure Industries) last year and has added Transcorp Power to its list this year.

In December 2022, the Securities and Exchange Commission (SEC) approved listing rules for NGX’s new technology board as part of the strategies to attract startup listings and end a drought of initial public offering (IPO) that has plagued the market for years.

Read more from the original article on here at www.premiumtimesng.com.


Related Headlines : Long trail of exiting companies threatens Nigerian Exchange’s drive to grow listings (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.