03 Aug Osinbajo lauds changes at the Nigerian Stock Exchange
The Vice President has commended the completion of the demutualisation of the stock exchange, calling it “a welcome development.”
He spoke at the Presidential Villa while receiving in audience, the management of the Nigerian Exchange Limited led by its Chief Executive Officer, Temi Popoola.
He also assured the management of the government’s support through policies to enable the company and the stock market to reach greater heights.
In his remarks, Popoola said the organisation has been repositioned for profit and to align to the tastes and preferences of the market.
He said under the new arrangement, the market will be opened up for more companies to be listed, resulting in more revenues for the government as listed companies pay more taxes and are more responsible for the environment they operate in.
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