Demutualization stock market nigerian
Turn on more accessible mode. Turn off more accessible mode.
It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. The Nigerian Stock Exchange NSE is pleased to announce the appointment of the consortium of Rand Merchant Bank RMB and Chapel Hill Denham CHD as financial advisers on the proposed demutualisation of the Exchange.
Chapel Hill Denham is a leading Nigerian investment bank, providing financial advisory services to domestic and international corporations, institutions, governments and individual clients, investing in Africa.
Why SEC is determined to demutualise NSE - Vanguard News
The NSE employed a very rigorous and extensive selection process, commencing with a Request for Proposal RFP process which began on March 11, inviting qualified financial consortia to submit expressions of interest EOI.
As part of the EOI, potential financial advisors FAs were required to express their interests as a consortium of one international and one Nigerian investment bank, where at least one party of the consortium had participated in the demutualization of a securities exchange as lead adviser.
The qualifying consortia were sent the RFP and 13 proposals were received by deadline date. These proposals were reviewed extensively and scored technical and financial considerations by NSE. After a round of presentations, only three consortia progressed to the final stage which was aimed at picking the most competent consortium and extracting the best value for NSE.
Stock market: Investors lose Nbn in 3 weeks - Vanguard News
Commenting on the appointment, the Chief Executive Officer of NSE, Mr. Onyema reiterated the commitment of the Exchange to ensuring that the interests of all members are protected in the demutualisation exercise.
This demutualisation process will contribute to the sustenance and enhancement of our governance. Commenting on the appointment, the CEO of RMB Nigeria and Regional Head for West Africa, Mr.
Nigerian Stock Exchange set for Demutualisation - Footprint to Africa
Michael Larbie, said RMB is delighted to be assisting the NSE with the demutualisation. We intend to leverage our deep advisory and structuring expertise and in-depth understanding of the Global Market Structure and Broker Dealer sector to support the process.
Benefits of Listing Listing Requirements Rules and Regulations Products Listing Fees Market Maker.
Demutualization
How to become a Member Member Performance Notices to Members Market surveillance Whistle Blowing Member information. Becoming an Investor Company Announcements Find a Broker Trading Statistics FAQs Trading Holidays. Privacy Policy Disclaimer Terms and Conditions Advertise with us.
