Do you think the allotment procedure of the Nigerian capital market for new issues is equitable? Or really, maybe the question should be: is there a standard allotment procedure or is it company determined? Investors have been irked by returned monies due to what companies call over-subscription to their offers. Stakeholders have suggested ways to avoid this situation, going forward. Suggestions made include discouraging multiple application and allocations made on pro-rata and or first come first serve basis.

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