NSE moves to boost corporate governance

By Ada Anioji

In what analysts see as a clear reaction to its much lowered performance in recent years that has seen it presently trailing other hitherto less endowed bourses in the continent, the Nigerian Stock Exchange may have presently resolved to embark on a spirited fight to expand the integrity quotient of the market.

 Along this line it has embarked on a social media campaign to promote its latest corporate governance-based product, the #NSEPremiumBoard.

Twitter messages expousing the benefits of the new offering are already on the web and one such sample reads:

‘Companies to be listed on #NSEPremiumBoard must achieve a minimum of 70% rating on the stringent Corporate Governance Rating System (CGRS).’