L
LequteMan
Guest
President Goodluck Jonathan on Thursday said government would introduce guidelines/incentives to encourage listing of oil/gas, telecommunications, power and multinational companies on the Nigerian Stock Exchange (NSE).
Jonathan made the promise during a meeting with capital market community at the exchange in Lagos.
The president said government was committed to the development of the capital market as the engine room of the nation's economy.
He added that government would do everything possible to make the market attractive to investors and issuers.
According to him, as the biggest economy in Africa, the nation's capital market ought to equally be the largest. The only way to achieve that is to ensure that big companies operating in the economy are listed.
He said he had discussions with MTN during one of his visits to South Africa on the need to list their shares.
``When I met with MTN in South Africa, we discussed the need for them to list. We are working hard to make sure that companies that are supposed to list did so.
``That is the only way the Nigerian capital market and economy can to grow and Nigerians can participate", Jonathan said.
The president added that after a proper study of the situation, the government would come up the guidelines for the listing
#Nigeria #MTN #NSE
Jonathan made the promise during a meeting with capital market community at the exchange in Lagos.
The president said government was committed to the development of the capital market as the engine room of the nation's economy.
He added that government would do everything possible to make the market attractive to investors and issuers.
According to him, as the biggest economy in Africa, the nation's capital market ought to equally be the largest. The only way to achieve that is to ensure that big companies operating in the economy are listed.
He said he had discussions with MTN during one of his visits to South Africa on the need to list their shares.
``When I met with MTN in South Africa, we discussed the need for them to list. We are working hard to make sure that companies that are supposed to list did so.
``That is the only way the Nigerian capital market and economy can to grow and Nigerians can participate", Jonathan said.
The president added that after a proper study of the situation, the government would come up the guidelines for the listing
#Nigeria #MTN #NSE
