AVA Capital set for NGX listing to strengthen market visibility
” Fadahunsi noted that the listing comes as Nigeria’s financial services industry places greater emphasis on corporate governance, transparency and broader participation in the capital market.“As Nigeria’s capital market continues to deepen, the listing of indigenous financial institutions such as AVA Capital reflects a broader shift towards stronger corporate governance, greater market formalisation and increased institutional participation in the economy,” he added.
According to a statement made available to Vanguard, the listing is a strategic transition into the public market aimed at strengthening the Group’s institutional profile rather than raising fresh capital.
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