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Nigeria’s securities exchange urges founders to list on local bourse

Nigeria’s securities regulator has urged local founders to look closer to home for capital, arguing that crowdfunding and debt markets can offer a route to an eventual stock market listing.

  • Nigerian SEC urges founders to list startups on local exchange.
  • SEC director-general advises against short-term bank loans.
  • Dangote Petroleum Refinery IPO attracted investors from 54 African countries.

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