NASD OTC Exchange Plc is planning to unveil some innovative products and unlock investment opportunities in the real estate and co-operative societies. This is a strategic move to deepen its activities in the Nigerian financial market.
Although details of the concept, structure and benefits of the new products are yet to be disclosed, Eguarekhide Longe, Managing Director and Chief Executive Officer, NASD said the leading OTC Exchange was awaiting regulatory approvals to make public the initiatives.
“NASD is focused on origination. To this extent we are driven by the need to be extremely innovative and propelled to drive inclusion of new business area We are going to conclude the delivery of a few novel products which we have applied to the Securities and Exchange Commission (SEC) for approval.