Nigerian Exchange Group Plc set for listing on Nigerian Exchange Limited
By Dele Ojo
The Nigerian Exchange Group Plc on Monday presented its activities at the Exchange’s Facts Behind the Listing programme to pave the way for The Group’s preparedness for the Listing by introduction of its shares on Nigerian Exchange Limited (NGX).
The Fact Behind the Listing is a platform created by NGX to provide stockbrokers, investors, analysts, fund managers and capital market correspondents with market information about new listings on The Exchange.
In a statement by the Group, the programme took place on Monday, 11 October 2021, between 3-5pm WAT.
Nigerian Exchange Group (NGX Group) Plc is a leading integrated market infrastructure in Africa. It services the largest economy in Africa and are strengthening the competitiveness of African economies to achieve global prosperity. As a key player in the continent’s financial markets, it takes an active role in shaping the future of the markets through investment in business innovation and technology.
NGX Group provides a wide range of services including listing and trading securities, licensing, market data solutions, ancillary technology, regulation, real estate, and more through its wholly-owned subsidiaries – NGX Exchange, NGX REGCO, and NGX RELCO. The Group is also invested in the financial infrastructure space with investments in NG Clearing Limited, Central Securities and Clearing Systems (CSCS), OTC platforms and three fintech companies.
To support it’s committed to the highest international standards, NGX Group belongs to a number of international and regional organisations that promote the development and integration of global best practices.
NGX Group continues to evolve in order to meet the needs of its valued customers and to achieve the highest level of competitiveness.
The Nigerian Exchange Group (NGX Group) formerly known as the Nigerian Stock Exchange, dates its history back to 15 September 1960 when the Lagos Stock Exchange was founded.
In 2021 the Nigerian Stock Exchange was fully demutualised changing from a member-owned not-for-profit entity into a shareholder-owned, profit making entity. This gave rise to a new structure – Nigerian Exchange Group Plc (NGX Group) with subsidiaries – Nigerian Exchange Limited (NGX Exchange), NGX Regulation Limited (NGX REGCO), and NGX Real Estate Limited (NGX RELCO).
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