The Nigerian Exchange (NGX) has postponed the launch of its new shares pricing methodology, which was initially scheduled for August. The decision followed calls from market participants for more time to absorb the impact of recent reforms, including the transition to the T+1 settlement cycle. Investors are also preparing for Dangote Refinery's planned N2.15 trillion initial public offering (IPO). The postponement allows stakeholders additional time to adjust to the changes.
Related Articles
Don't miss out on breaking stories and in-depth articles.