Gov Fashola wants Nigerian Stock exchange renamed after Lagos


While speaking with journalists at the10th Lagos Executive/Legislative parley, Lagos State governor Babatunde Fashola demanded a review of the decree which changed the Lagos Stock Exchange to Nigerian Stock Exchange in 1977, noting that across the world, stock exchanges are named after their host cities and not the country. He asked that a similar trend should be followed in Nigeria.

Governor Fashola said;

“I think the time has come for us to begin to look at the legislation that was passed during the military administration that is decrees and acts. I think that was when the Lagos Stock Exchange became the Nigerian Stock Exchange, in unification for the country. Perhaps there is the need for us to go back to what is best global practice because we have the Johannesburg, Paris, New York and we don’t have the American Stock Exchange or German Stock Exchange while there is a Frankfurt Stock Exchange and so on. There is nothing like the British Stock Exchange, but the London Stock Exchange” he adds, noting that.


  1. Last JOB recruitment 0PPORTUNITY for 2013 now on in GOLDEN LIFE International, LAGOS Nigeria.
    VACANCIES available for only WAEC certificate holders with work experience,UNDERGRADUATES and GRADUATES.
    COMPULSORY REQUIREMENT- applicants must reside in lagos.
    COMPANY BENEFITS- *Very attractive salary scale with incentives and bonuses
    *Flexible working hours
    *Free staff bus
    *weekly free day
    *friendly working environment and many more…
    Please contact +2347065050856 for the venue and time of the interview in Lagos
    ¤kindly share¤