NSE launches alternative securities markets for emerging businesses

Nigerian Stock Exchange
Nigerian Stock Exchange

The newly inaugurated securities markets is for companies with high growth potentials, the NSE said.
The Nigerian Stock Exchange launched the Alternative Securities Markets, ASeM, for emerging businesses in Lagos State on Tuesday.

The Exchange said that the newly inaugurated securities market is specially for emerging companies with high potential for growth in Nigeria.

According to the exchange, the ASeM will be a specialised board on the Nigerian Exchange where small to mid-sized companies can access the capital market under less stringent rules and requirements to raise long term, low cost capital.
More details later…