Thursday, April 21, 2011

NSE looks to telecoms, oil, agric to deepen stock market


Oscar Onyeama, CEO of the Nigerian Stock Exchange (NSE) has said he will work to ensure more presence of the telecom, agric and oil sectors on the exchange as part of strategies to make the market world-class.
None of the multinational telecom operators namely MTN, Glo, Airtel and Etisalat are listed on the NSE, a situation which some say remains a big minus for the market and the economy. The telecom industry is today the third largest non-oil contributor to Nigeria's GDPbehind agric and trade.
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