Nigeria SE Plans More Trading Floors, Offices

The Nigerian Stock Exchange is aiming to set up 13 trading floors and offices across the country.

The Nigerian Stock Exchange (NSE) is aiming to set up 13 trading floors and offices across the country, BusinessDay reports. The move is part of the African bourse’s five-year outlook plan. Market making and the launch of exchange-traded funds will head the process of achieving the five-year market capitalization target, said NSE CEO Oscar Onyema. The current market capitalization is about $75 billion and the exchange is targeting a market cap of $1 trillion in the next five years.

Click here for the story from BusinessDay.