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The outcomes have been disappointing and include: Corruption and mismanagement leading to low productivity; Dependence on continued funding from government budgets. Instead of providing...

Public enterprises, like in other countries, were established with good intentions for the welfare of the people. The overriding reasons for creating public enterprises in Nigeria were...

An initial public offering, or IPO, is the sale of a company’s shares on the stock market for the first time.  As part of Nigeria’s privatisation programme, the sale of shares in IPOs is...

The stock market is an institution where shares (as defined above) are bought and sold.  Shares can be sold as part of daily stock market activity, through share subscriptions and...

A core investor sale is defined as the transfer of at least 51% of ownership, accompanied by management control, in a company from government to new private owners.  Core investors may...

A share is a portion of a company owned by an individual, a group of individuals, or a firm.  Shares are not always physical pieces of paper as in the old days, since in many companies...

Privatisation, in the simplest term, is the transfer of ownership from the government (or public) sector to the private sector.  Privatisation can occur in one of many ways, including...