NSE introduces new share pricing regime, Experts commend


Some financial experts have commended the new share pricing method of the Nigerian Stock Exchange (NSE).

They said the new share pricing regime would allow share prices to trade as low as one kobo and boost inflow foreign investments.

Nigerian Stock Exchange NSE

The experts, in separate interviews with newsmen in Lagos, said the method would also enable investors to categorise stocks on the NSE.

The new pricing method was started on Monday, Jan. 29.

Prof. Sheriffdeen Tella, Professor of Economics, Olabisi Onabanjo University, Ago-Iwoye, Ogun said the NSE must, of necessity, update its pricing method from time to time for trading to be transparent.

He said for any stock exchange to attract foreigners to participate in its trading and invariably in the economy, it must adhere to global best practices.

Tella said the method must be well implemented to leave no one in doubt about a…

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