Michael Larbie, CEO and Regional Head for West Africa at RMB Nigeria says if Africa's demutualised exchanges find a way to harmonise their rules, Africa will have a higher footing to attract investors. He discussed this with CNBC Africa’s Esther Awoniyi.
Speaking on the demutualisation of the Nigerian Stock Exchange, the Managing Director of Chapel Hill Denham Advisory, Kemi Awodein says the move will showcase the importance of the exchange for the growth of the Nigerian economy. She joins CNBC Africa for more.
Members of the Nigerian Stock Exchange passed the requisite resolutions for the demutualisation of the exchange at a court ordered meeting and Extraordinary General Meeting on Tuesday. In an exclusive interview with CNBC Africa's Esther Awoniyi, NSE CEO Oscar Onyema says there's still a lot more to be done as the work is just beginning.
In a move to complete its demutualisation process, Nigerian Stock Exchange (NSE) has convened a mandatory court-ordered meeting of its members to pass resolutions for the demutualisation as well as an Extraordinary General Meeting. Joining CNBC Africa on the side-lines of the meeting is NSE Council President, Abimbola Ogunbanjo.