The Securities and Exchange Commission, SEC, has said that plans are under-way to further stratify the stock market to allow more Small and Medium scale Enterprises, SMEs, that were hitherto not listed on the Nigerian Stock Exchange, NSE, to access the market.

Speaking in an interactive session with capital market correspondents in Lagos, the Director General, SEC, Mr. Mounir Gwarzo, said that the process when completed would lessen the strident listing rules that have been hindering such companies from listing in the stock market.... read more http://www.bookspen.com/sec-pursues-listing-plans-stratification-stock-market/