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Why Are Local Tech. Companies Not Selling Shares? - Investment - Nairaland

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Why Are Local Tech. Companies Not Selling Shares? by matrixme(m): 10:16pm On May 06, 2015
To the experts out there, I would really like to know why popular technology companies that Nigerians spend a huge chunk of their monies in, not listed in the Nigerian Stock Exchange. I mean why can't we buy shares of companies like Jumia, Tecno, dstv, Google Nigeria and co.
I believe these companies to be foreign owned but with strong local presence. Pardon my unenlightened perspective in this case, but I would like more light thrown into the matter. These companies are milking us dry and it seems we are not being able to benefit from them.
Re: Why Are Local Tech. Companies Not Selling Shares? by sainty2k3(m): 9:43pm On Jun 13, 2015
matrixme:
To the experts out there, I would really like to know why popular technology companies that Nigerians spend a huge chunk of their monies in, not listed in the Nigerian Stock Exchange. I mean why can't we buy shares of companies like Jumia, Tecno, dstv, Google Nigeria and co.
I believe these companies to be foreign owned but with strong local presence. Pardon my unenlightened perspective in this case, but I would like more light thrown into the matter. These companies are milking us dry and it seems we are not being able to benefit from them.

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