Nigeria: 'Demutualisation Will Boost Retail Investors' Confidence in Capital Market'

5 December 2016

Stakeholders in the Nigerian capital market have identified demutualisation of the Nigerian Stock Exchange (NSE) as a major factor that would significantly increase the confidence of the local investor and spur activities in stock market.

Besides, they argued that the exercise would also reduce to the barest minimum, over-dependence on foreign investors in the nation's capital market. In demutualisation, the members give up their rights and receive shares from the company in return, which the (now former) members may then sell.

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