Next Wave: Should Nigeria’s startups consider listing on its stock exchange?
- The Nigerian Stock Market has overperformed its target since 2020 till date.
- Nigerian startups can take advantage of last year’s bull run to list on the Nigerian Tech Board in 2024.
- The NGX has been actively seeking tech startups to list on the board, with the goal of attracting institutional and retail investors.
The Nigerian Stock Market has been performing well, and there is a positive sentiment towards tech firms listing on the NGX Tech Board. The potential benefits for tech startups are significant, as the market has been attracting institutional and retail investors. However, there are risks associated with listing on the stock market that should be carefully considered.
