Nigeria: NSE Raises Market Making Stocks By Nine

3 October 2012

Sequel to its promise to constantly review its market making programme, the Nigerian Stock Exchange (NSE) has concluded arrangements to increase the number of stocks that Market Makers make from the initial list of 16 stocks that the programme commenced with on the bourse on September 18, 2012, with additional nine stocks.

In a statement made available to newsmen, effective from Thursday, October 4, 2012, the following stocks will be added to the Market Making programme: Access Bank; Academy Press; Custodian & Allied Insurance; First Bank Plc; Dangote Sugar Plc; Union Bank Plc, NASCON and Nestle Nigeria Plc as well as AIICO Insurance Plc.

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