FAQs
NGX. We provide the premier platform in Africa for raising capital; facilitate a thriving secondary market for trading securities and maintain a seamless flow of market information.
Who owns NGX? ›
Nigerian Exchange (NGX), a wholly owned subsidiary of the Nigerian Exchange Group (NGX Group), is a leading listing and trading venue in Africa with its history dating back to 1960.
Who is the chairman of the Nigeria Stock Exchange? ›
In October 2022, the NGX Board announced the appointment of Dr. Umaru Kwairanga as its new chairman and Mr. Oluwole Adeosun as the vice chairman.
Who are the current members of the Nigerian stock exchange? ›
Corporate Disclosures
| Company | Ticker | Date Incorporated |
|---|
| ABBEY MORTGAGE BANK PLC | ABBEYBDS | August 26, 1991 |
| ACADEMY PRESS PLC. | ACADEMY | July 28, 1964 |
| ACCESS HOLDINGS PLC [MRF][CG+] | ACCESSCORP | February 10, 2021 |
| AFRICA PRUDENTIAL PLC [CG+] | AFRIPRUD | March 23, 2006 |
21 more rowsRegulated by the Securities and Exchange Commission (SEC) of Nigeria, NGX REGCO plays a critical role in promoting just and equitable principles of trade, encouraging free and open markets, and protecting investors.
Who regulates foreign exchange in Nigeria? ›
(2) Subject to this Act, the Central Bank of Nigeria may, with the approval of the Minister, issue, from time to time, guidelines to regulate the procedures for transactions in the Market and for such other matters as may be deemed appropriate for the effective operation of the Market.
Who is the CEO of NGX Nigeria? ›
Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited (NGX or The Exchange), its operating exchange subsidiary, effective July 1, 2024, following the Securities and Exchange Commission (SEC) approval. Since January 1, 2024, Mr.
How many banks are listed on the Nigerian stock exchange? ›
2020 Banks' Market Capitalization
List of 14 publicly listed Nigerian Banks and their market capitalization value as at 2020.
Does ice own NGX? ›
In 2008, ICE NGX and Intercontinental Exchange (ICE) launched an operational alliance whereby ICE NGX began using ICE's front end trading technology and providing clearing services for ICE's US physical gas products, culminating in ICE's acquisition of NGX in 2017.
Who is the richest stock trader in Nigeria? ›
The best Forex traders in Nigeria are:
- Uche Paragon - net worth is estimated to be over $16 million.
- Jeffrey Benson - net worth is estimated at around $1.5 million.
- Patrick Ogagbor - net worth currently estimated at $600,000.
- Blessing Ezeako - net worth is estimated at $200,000.
Doris Uzoka-Anite, Nigeria's Minister of Industry, Trade and Investment.
Who are the dealing members of the Nigerian Stock Exchange? ›
Trading License Holder Directory
| Dealing Member | Status |
|---|
| Capital Bancorp Plc | Active |
| Capital Express Securities Limited | Active |
| Capital Trust Brokers Limited | Active |
| CardinalStone Securities Limited | Active |
21 more rowsNigerian Exchange Limited - Nigerian Exchange Group.
Which company is the biggest in Nigeria? ›
What are the biggest companies on the Nigerian Stock Exchange? ›
Large cap Nigerian companies
| Symbol | Market cap | Price |
|---|
| MTNN D | 4.042 T NGN | 192.2 NGN |
| BUACEMENT D | 3.857 T NGN | 113.9 NGN |
| GEREGU D | 2.5 T NGN | 1,000.0 NGN |
| ZENITHBANK D | 1.355 T NGN | 38.00 NGN |
31 more rowsThe NSE facilitates the trading of various securities, including equity shares, debt instruments, and Exchange-Traded Funds (ETFs). Equity shares represent ownership in a company and are categorized into large-cap, mid-cap, and small-cap stocks based on their market capitalization.
What is the role of the Nigerian Stock Exchange in nation building? ›
Stock Markets provide funding platforms for Governments and Institutions to raise funds for the actualization of developmental projects, and Businesses to raise funds for growth, expansion, and sustainability.
What is the role of CBN in the Nigerian financial market? ›
The Central Bank of Nigeria (CBN)
Among its primary functions, the Bank promotes monetary stability and a sound financial system, and acts as banker and financial adviser to the Federal Government, as well as banker of last resort to the banks.
What is the role of Nigerian foreign policy? ›
Since independence, with Jaja Wachuku as the first Minister for Foreign Affairs and Commonwealth Relations, later called External Affairs, Nigerian foreign policy has been characterised by a focus on Africa as a regional power and by attachment to several fundamental principles: African unity and independence; ...
