structure of nigerian stock exchange

In addition, the structure of the Nigerian Stock Exchange which deals with the general administration of the operations in the Stock Exchange market was also examined. So, the Nigerian state is a Leviathan, except that, unlike Thomas Hobbes’s Leviathan, the Nigerian Leviathan cannot protect the lives and property of its citizens. Access Bank Plc has received the Central Bank of Nigeria’s Approval-in-Principle for the Bank’s restructuring to a holding company (HoldCo). The Constitution may not allow Nigerians to carry guns to check against state oppression, it allows peaceful protests. should encourage big corporates to list on the exchange.

But without a systemic, root-and-branch transformation, without restructuring, Nigeria’s over-centralised, over-powerful state structure will remain oppressive, perpetrating, condoning and covering up unforgivable inhumanities. NSE provides a platform for selling and buying of stocks and securities. But here’s where I diverge. For instance, the structure is such that a president can, as President Muhammadu Buhari does, behave like an absolute monarch, controlling all key levers of power and yet hole up in Abuja, completely removed from the people. will be required to carry out regulatory function would also be transferred to NEXG. All Rights Reserved. Background of the study Every company operates within the internal and external environments of business. The proposed HoldCo structure would enable the Bank to further accelerate its objectives around business diversification, improved operational efficiencies, talent retention as well as robust governance, Access Bank told the Nigerian Stock Exchange. On his side, the NEXG chairman of the board Otunba Abimbola Ogunbanjo disclosed A lot of defaulted companies had been suspended so far by reason of defaulting against the set rules guarding the money earnings in the country. Thomas Jefferson, the third US President, famously said: “The care of human life and happiness, and not their destruction, is the first and only object of good government.” But Nigeria is an exemption to this golden rule! Lost your password? In 2019, the Office of the Prosecutor of the International Criminal Court, ICC, started preliminary investigations on Nigeria, a serious international embarrassment, given that a Nigerian, Judge Chile Eboe-Osuji, is the current president of the ICC. Background of the study Government Expenditure no doubt is an important instrument for a government to control the economy of a nation. Nigeria’s current governance structure empowers elected Nigerian politicians and enable them to act as masters, not servants, of the people.

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