Demutualising the Nigerian Stock Exchange

[Mirror]

Of recent, efforts to demutualise the Nigerian Stock Exchange (NSE) appear to be gathering steam with the regulators, stockbrokers, investors and owners of the exchange publicly expressing their support for the move at different forums. Indeed, the Council of the NSE ratified the demutualisation guidelines at its meetings in May, and set a target date of 2012 for its take-off.