Committed to educate investors and company owners on the procedures and benefits inherent in listing of their businesses on the stock Exchange, the Nigerian Stock Exchange (NSE), weekend, temporarily relocated to Agbara industrial hub and Abeokuta in Ogun State canvassing for companies’ listing.
The NSE team led by Haruna Jalo-Waziri, executive director, business development, NSE, in sensitisation programme tagged, ‘South West Road Show on Alternative Securities Market (ASeM)’, went round the main business hubs in Ogun between Thursday and Friday, targeting the listing of medium-scale businesses.
Speaking at the concluding event held at Olusegun Obasanjo Presidential Library (OOPL) in Abeokuta, Jalo-Waziri disclosed that the organisation reserved ASeM mainly for medium-scale enterprises to avail them of the benefits of capital market.
Jalo-Waziri, who was represented by Taba Peterside, general manager, listing, sales and retention, NSE, disclosed that ASeM train was moved to South West, having successfully completed South East edition of the road show, saying that since the launch of Alternative Securities Market (ASeM) in Nigeria, eleven companies, including Omoluabi Savings and Loans have been listed on stock market.
He said, “ASeM is a platform where we want to encourage SMEs to enter the capital market where they can access long-term capital to grow their businesses and where they can also take advantages of some other benefits. The idea is that we don’t stay in offices in Lagos and talk about this, but we actually go out to where these companies are.
