The Nigerian Stock Exchange (NSE) is set for Tuesday’s crucial vote that will see the conversion of the six-decade old Exchange from a member-owned mutual company limited by guarantee to a public limited liability company with shareholders.
In probably the most momentous decision after its formation, members of the NSE will tomorrow in Lagos vote at a court-ordered meeting called to seek final approval for the conversion of the six-decade old self regulatory organisation to a public limited liability company.
The meeting is the final and most critical stage of the conversion process, known as demutualisation.