The Securities and Exchange Commission and the Nigerian Stock Exchange have begun moves to make the processes of listing on the NSE more efficient and cost-effective by streamlining the approval process between the SEC and the NSE.
A statement jointly issued by SEC’s Head, Corporate Communications, Mrs. Efe Ebelo, and the Media Relations Officer of the NSE, Joseph Kadiri, said with the streamlined processes, SEC and NSE will carry out joint site visits of companies intending to get listed, following the registration of their securities with SEC.
“Also, the Exchange will rely on SEC for approval of offer documents such as a prospectus,” the statement added.
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