SEC, NGX to review free float thresholds amid liquidity concerns

The Securities and Exchange Commission, SEC and Nigerian Exchange Limited, NGX are set to review free float thresholds for listed companies over liquidity concerns, in a bid to enhance the equities market and attract more investors. Free float refers to the proportion of a company’s shares available for public trading, excluding those held by insiders, founders […] The post SEC, NGX to review free float thresholds amid liquidity concerns appeared first on Vanguard News.

By Urowayino Jeremiah