Market Review: How Demutualization Will Achieve An Innovative And Efficient Nigerian Capital Market
This edition of the Market Review features Mr. Patrick Ezeagu the Chairman of the Association of Securities Dealing Houses of Nigeria, ASHON who speaks on the "Demutualization of the Nigerian Stock Exchange" and its opportunities for deepening the capital market.
Ezeagu noted that the process for demutualization took over 7 years before actualization, and commended all the stakeholders involved for their resilience.
Speaking further he said brokers have to be innovative and strategic in developing products that appeals to all classes of investors, and can improve the capitalization of the exchange.
He advised the Federal Government to leverage the capital market to raise funds, liberalize state assets and corporations to be profitable ventures.