Nigerian Stock Exchange Moves to Sustain Investors’ Renewed Interest In Capital Market

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Nigerian Stock Exchange Moves to Sustain Investors’ Renewed Interest In Capital Market

Stock Exchange

To sustain investors’ renewed interest in the nation’s capital market and entrench high level of corporate governance in the affairs of listed firms, the steering board of the corporate governance rating system has announced the names of 25 companies that have successfully passed its governance rating test, having scored the required pass mark of 70 percent whilst 87 others were at various stages of completion of the process.

The Nigerian Stock Exchange, in partnership with the convention on business integrity designed and roll-out the initiative.

The initiative was incorporated into the Nigerian capital market in 2012 and launched in 2014 after it was successfully piloted with a number of volunteer companies, including those now listed on the Nigerian Stock Exchange’s premium board

THE TRANSVERSE
THE TRANSVERSE
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