What is the NGX?
The Nigerian Exchange (NGX) is Nigeria’s main stock exchange, based in Lagos. It organizes the listing and trading of equities, bonds and other financial instruments on the largest stock market in Anglophone West Africa.
Visit the official websiteA leading national exchange
NGX (Nigerian Exchange) emerged from the March 2021 demutualization of the Nigerian Stock Exchange (NSE), creating the publicly listed Nigerian Exchange Group (NGX Group) and its market subsidiary, Nigerian Exchange Limited.
It is regulated by Nigeria’s Securities and Exchange Commission (SEC) and is the main capital markets access point for companies, investors and the government in Nigeria.
Main missions
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Market organization & trading :Organize the listing and trading of equities, bonds, ETFs and other financial instruments on the Nigerian market.
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Market information :Publish prices, the NGX All-Share Index (NGX-ASI) and the statistics needed to monitor the market.
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Financing the Nigerian economy :Support savings mobilization and give Nigerian companies access to long-term financing.
Markets & instruments of NGX
Direct access to market segments and investment tools
Stocks
Explore companies listed on the NGX, their prices, performance, valuations and dividends.
Bonds
Track FGN bonds, corporate bonds and other listed fixed-income securities.
Stock indices
Track the NGX All-Share Index (ASI) and other sector indices of the Nigerian market.
Brokerage Firms
Find a licensed brokerage firm to open a securities account and place orders on the NGX.
Timeline
Key milestones, from newest to oldest
NGX Group listing
Shares of the listed holding company Nigerian Exchange Group (NGX Group) are admitted to trading on its own market in October 2022.
The NSE becomes the NGX
The Nigerian Stock Exchange demutualizes in March 2021, becoming Nigerian Exchange Limited (NGX), the trading subsidiary of the listed holding company Nigerian Exchange Group (NGX Group).
X-Gen platform rollout
Rollout of the X-Gen electronic trading platform, modernizing the exchange’s trading infrastructure.
Launch of the benchmark index
The NSE All-Share Index (today the NGX All-Share Index, NGX-ASI) is launched with a base value of 100 points on 3 January 1984.
The Lagos Stock Exchange becomes the Nigerian Stock Exchange
The exchange is renamed the Nigerian Stock Exchange (NSE) and opens regional branches in several Nigerian cities.
Creation of the Lagos Stock Exchange
The Lagos Stock Exchange, the NGX’s predecessor, is created in 1960; trading begins in 1961.