Legit.ng earlier reported that Nigeria's stock exchange has proposed permitting dollar-denominated bond listings and possibly expanding this to equities.
Temi Pooola, the Chief Executive Officer of the Nigerian Exchange Ltd., said the company targets businesses that are based in the nation's special economic free trade zones and those that generate foreign cash.
This comes amid report that the Nigerian economy is facing a severe shortage of foreign exchange as dollar inflows have dropped notably in recent months.
Source: Legit.ng