Mobile and telecoms companies not listed at the Nigeria Stock Exchange include MTN, Glo, Zain, MTS, Multi-Links and Visafone arguing that they should follow suit.
Speaking at the House of Representatives ad-hoc committee, Okereke-Nyiuke said 80 percent of the government revenues came from oil industry, arguing that the oil only made 5 percent of the stock market. Okereke-Nyiuke said she did not see tangible reasons why the foreign multinationals operating in Nigeria were reluctant to list on the country’s stock exchange. — CAJ News.
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