Nigerian Exchange Limited (NGX)

3 results about this entity

Period: 05 Jul 2023 - 09 Oct 2023

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Company announcement/markets

Nigerian Exchange Limited aims to drive institutional investment from across Africa via SecondStax

SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, has announced a new partnership with the Nigerian Exchange Limited (NGX) that will enable institutional investors from across Africa to directly invest into Nigeria’s capital markets.

09 October 2023

News/markets

Nigerian Exchange preps dollar settlement platform for fintechs

The Nigerian Exchange has enlisted the Central Securities Clearing System (CSCS) and Euroclear to help build a dollar settlement platform that will enable tech startups to raise in dollars.

11 August 2023

Company announcement/markets

NGX plots move to T+1

Due to the current reforms and competition among exchanges in global financial markets, Nigerian Exchange Limited (NGX) on Thursday revealed that it is working assiduously with the Central Securities Clearing System (CSCS) Plc and other stakeholders to reduce the settlement cycle from T+3 to T+1 over the next few years.

05 July 2023