Stock Exchange in Nigeria started well, Kurfi

Alhaji Garba Kurfi is the  MD/CEO, APT Securities and Funds Limited, member of the Nigerian Stock Exchange. In this interview with Saturday Vanguard Business, he reflected the good days of stock exchange in Nigeria. Excerpts:
How would you describe the capital market in Nigeria?
Anybody that looks at the capital market in Nigeria  will believe that we have gone far.  We have attained a certain level whereby no matter what you think, you will still thank God.
This is the industry that is almost 50 years, from the inception to date, and except in 1997, 1998, 1999 and what we experienced in 2008, 2009 and 2010, our own shares were  positive.  And this is the market that started with less than 15 securities . Today, we are proud of not less than 300 securities outfits in the whole country.
This is the market that started  with almost nothing and then apart from Lagosians, nobody else played the market.
When and how did capital market start as a business in Nigeria?
Read More:http://www.vanguardngr.com/2010/11/stock-exchange-in-nigeria-started-well-kurfi/