Misaligned incentives and shallow market keep Nigerian startups off NGX, says TLP report
Three years after the Nigerian Exchange (NGX) created a dedicated Technology Board to attract high-growth tech companies, not a single startup has listed on it. A new report from venture law practice TLP Advisory argues the absence is the result of multiple, mutually reinforcing lapses across founders, investors, the exchange, and market structure.
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Misaligned incentives and shallow market keep Nigerian startups off NGX, says TLP report
Three years after the Nigerian Exchange (NGX) created a dedicated Technology Board to attract high-growth tech companies, not a single startup has listed on it. A new report from venture law practice TLP Advisory argues the absence is the result of multiple, mutually reinforcing lapses across founders, investors, the exchange, and market structure.
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