NGX free float: Why a mandatory 20% rule would deepen Nigeria’s stock market

4 days ago

On the Nigerian Exchange (NGX), the current free float rules allow companies to list and remain listed even when they fall short of the 20% free float requirement, as long as the value of their free float meets a minimum naira threshold.

The post NGX free float: Why a mandatory 20% rule would deepen Nigeria’s stock market appeared first on Nairametrics.

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