And what have been the outcomes of public enterprises in Nigeria?
The outcomes have been disappointing and include: Corruption and mismanagement leading to low productivity; Dependence on continued funding from government...
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Why do public enterprises exist in Nigeria?
Public enterprises, like in other countries, were established with good intentions for the welfare of the people. The overriding reasons...
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What is an initial public offering?
An initial public offering, or IPO, is the sale of a company’s shares on the stock market for the first...
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What is a stock market?
The stock market is an institution where shares (as defined above) are bought and sold. Shares can be sold as...
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What is a core investor sale?
A core investor sale is defined as the transfer of at least 51% of ownership, accompanied by management control, in...
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