Nigeria: Stock exchange rules regarding related-party transactions

23 February, 2015

The Nigerian Stock Exchange has issued rules for lending transactions with related parties or interested persons to guard against the risk that interested persons could influence an issuer, its affiliates or associated companies. One provision is that securities holders must approve all qualifying related-party transactions, as determined on the basis of certain thresholds.

Africa & Middle East

Nigeria

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Nigeria presents four tax reform bills to National Assembly

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