List ETF in the Nigerian Stock Exchange

May 1, 2019 by  
Filed under Nigeria Stock Exchange

NEWGOLD EXCHANGE TRADED FUND (ETF)NEWGOLD
VETIVA GRIFFIN 30 ETFVETGRIF30
LOTUS HALAL EQUITY ETFLOTUSHAL15
STANBIC IBTC ETF 30STANBICETF30
VETIVA BANKING ETFVETBANK
VETIVA CONSUMER GOODS ETFVETGOODS
VETIVA INDUSTRIAL ETFVETINDETF
VETIVA S & P NIGERIA SOVEREIGN BOND ETFVSPBONDETF
THE SIAML PENSION ETF 40SIAMLETF40

Listed Bonds on the Nigerian Stock Exchange

May 1, 2019 by  
Filed under Nigeria Stock Exchange

Symbol Bond Description Issuer
FG5B2028S515.00% FGN NOV 2028Central Bank of Nigeria
FG6B2029S312.49% FGN MAY 2029Central Bank of Nigeria
FG6B2019S47.00% FGN OCT 2019Central Bank of Nigeria
FG6B2029S58.50% FGN NOV 2029Central Bank of Nigeria
FG9B2019S316.00% FGN JUN 2019Central Bank of Nigeria
FG9B2022S116.39% FGN JAN 2022Central Bank of Nigeria
FG7B2030S310.00% FGN JUL 2030Central Bank of Nigeria
LAB2019S114.50% LAB NOV 2019LAGOS STATE GOVT. BOND
OSB2019S114.75 OSUN DEC 201914.75% OSUN DEC 2019
GMB2019S115.50% GMB OCT 201915.50% GMB OCT 2019
BAB2017S0BAYELSA STATE DEVELOPMENT BOND 2017 S0BAYELSA STATE GOVERNMENT BOND
OSB2020S214.75% OSUN OCT 2020OSUN STATE GOVT. BOND
LAB2020S213.50% LAB NOV 202013.50% LAB NOV 2020
FG112024S114.20% FGN MAR 2024Central Bank of Nigeria
KGB2020S115.00% KGB DEC 2020KOGI STATE GOVT. BOND
EKI2020S214.50% EKI DEC 202014.50% EKI DEC 2020
NAB2021S115.00% NAS JAN 202115.00% NAS JAN 2021
NAHCOBDS215.25% NAH DEC 202015.25% NAH DEC 2020
FG112034S212.1493% FGN JUL 2034Central Bank of Nigeria
ADBB2021S111.25% ADB FEB 202111.25% ADB FEB 2021
FID2019S015.5% FID NOV 2019FIDSON HEALTHCARE PLC
FG122020S115.54% FGN FEB 2020Central Bank of Nigeria
BAU2021S115.5% BAU DEC 2021BAUCHI STATE GOVERNMENT BOND
FCM2021S114.25% FCM NOV 2021FCMB FINANCING SPV PLC
SB2024S1TA(182-DAY CBN TBILL)SIB SEP2024STANBIC IBTC HOLDINGS PLC
SB2024S1TB13.25% SIB SEP 2024STANBIC IBTC HOLDINGS PLC
UBA2021S116.45% UBA DEC 2021United Bank for Africa Plc
GMB2022S116.00% GMB FEB 2022GOMBE STATE GOVT. BOND
OYB2022S116.5% OYO FEB 2022OYO STATE GOVERNMENT BOND
KGB2022S217.00% KGB MAR 2022KOGI STATE GOVT. BOND
FBB2022S016.48% FBB MAY 2022FIDELITY BANK PLC
CRS2022S117.00% CRS MAY 2022CROSS RIVER STATE GOVT. BOND
NMR2030S114.90% NMR JUL 2030NIGERIAN MORTGAGE REFINANCE COMPANY PLC
TRN2022S116.00% TRN OCT 2022TRANSCORP HOTELS PLC
FG132026S112.50% FGN JAN 2026Central Bank of Nigeria
BNB2022S016.5% BNU FEB 2022BENUE STATE GOVERNMENT BOND
ZAM2022S117% ZAM APR 2022ZAMFARA STATE GOVERNMENT BOND
TRN2020S215.50% TRN DEC 2020TRANSCORP HOTELS PLC
FG132036S212.40% FGN MAR 2036Central Bank of Nigeria
FG132021S314.50% FGN JUL 2021Central Bank of Nigeria
LAF2019S114.25% LAF JUN 2019LAFARGE AFRICA PLC
LAF2021S214.75% LAF JUN 2021LAFARGE AFRICA PLC
WEM2023S118.50% WEM OCT 2023WEMA FUNDING SPV PLC BOND
FOB2021S117.50% FO DEC 2021FORTE OIL PLC
FGEUR2032S17.875% FGN FEB 2032Central Bank of Nigeria
FG142027S116.2884% FGN MAR 2027FEDERAL GOVERNMENT OF NIGERIA
FGS2020S313.794% FGS APR 2020FEDERAL GOVERNMENT OF NIGERIA
FG142037S216.2499% FGN APR 2037FEDERAL GOVERNMENT OF NIGERIA
SIM2023S116.50% SIM AUG 2023STERLING INVESTMENT MGT. SPV PLC BOND
LAB2023S116.50% LAB Dec 2023LAGOS STATE GOVT. BOND
FGS2019S413.189% FGS MAY 2019FEDERAL GOVERNMENT OF NIGERIA
FGS2020S514.189% FGS MAY 2020FEDERAL GOVERNMENT OF NIGERIA
MRE2022S117.00% MIX JAN 2022MIXTA REAL ESTATE PLC
FGS2019S613.189% FGS JUNE 2019FEDERAL GOVERNMENT OF NIGERIA
FGS2020S714.189% FGS JUNE 2020FEDERAL GOVERNMENT OF NIGERIA
FGDIA2022S15.625% FGN JUN 2022FEDERAL GOVERNMENT OF NIGERIA
FGS2019S813.386% FGS JULY 2019Central Bank of Nigeria
FGS2020S914.386% FGS JULY 2020Central Bank of Nigeria
FGS20191013.535% FGS AUG 2019FEDERAL GOVERNMENT OF NIGERIA
FGS20201114.535% FGS AUG 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20191213.817% FGNSB SEP 2019FEDERAL GOVERNMENT OF NIGERIA
FGS20201314.817% FGNSB SEP 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20191412.059% FGNSB OCT 2019FEDERAL GOVERNMENT OF NIGERIA
FGS20201513.059% FGNSB OCT 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20191612.091% FGNSB NOV 2019FEDERAL GOVERNMENT OF NIGERIA
FGS20201713.091% FGNSB NOV 2020FEDERAL GOVERNMENT OF NIGERIA
FGEUR2027S26.5% FGN NOV 2027Central Bank of Nigeria
FGEUR2047S37.625% FGN NOV 2047Central Bank of Nigeria
LAB2024T116.75% LAB AUG 2024LAGOS STATE GOVT. BOND
LAB2027T217.25% LAB AUG 2027LAGOS STATE GOVT. BOND
FGS20191811.738% FGNSB DEC. 2019FEDERAL GOVERNMENT OF NIGERIA
FGS20201912.738% FGNSB DEC. 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20202011.098% FGNSB JAN 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20212112.098% FGNSB JAN 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20212311.277% FGNSB FEB 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20202210.277% FGNSB FEB 2020FEDERAL GOVERNMENT OF NIGERIA
FG152028S113.98% FGN FEB 2028FEDERAL GOVERNMENT OF NIGERIA
FGSUK2024S116.4700% FGN SEP 2024FEDERAL GOVERNMENT OF NIGERIA
FG152025S213.53% FGN MAR 2025FEDERAL GOVERNMENT OF NIGERIA
FG152023S112.75% FGN APR 2023FEDERAL GOVERNMENT OF NIGERIA
FGS20202410.746% FGNSB MAR 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20202610.75% FGNSB APR 2020FEDERAL GOVERNMENT OF NIGERIA
FGS2020289.48% FGNSB MAY 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20212511.746% FGNSB MAR 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20212711.75% FGNSB APR 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20212910.48% FGNSB MAY 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20203010.344% FGNSB JUNE 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20213111.344% FGNSB JUNE 2021FEDERAL GOVERNMENT OF NIGERIA
FGB2022S113.48% FGN DEC 2022FEDERAL GOVERNMENT OF NIGERIA
FGS20203210.483% FGNSB JULY 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20213311.483% FGNSB JULY 2021FEDERAL GOVERNMENT OF NIGERIA
PLA2022SO17.50% PLA MAR 2022PLATEAU STATE GOVT. BOND
UPD2023S116.00% UPD APR 2023UACN PROPERTY DEVELOPMENT CO. PLC
CIB2023S116.54% C&I JUN 2023C & I LEASING PLC
FGS20203410.668% FGNSB AUGUST 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20213511.668% FGNSB AUGUST 2021FEDERAL GOVERNMENT OF NIGERIA
LAB2024T315.60% LAB AUG 2024LAGOS STATE GOVT. BOND
LAB2027T415.85% LAB AUG 2027LAGOS STATE GOVT. BOND
FGS20203611.364% FGS SEP 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20213712.364% FGS SEP 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20203811.175% FGS OCT 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20213912.175% FGS OCT 2021FEDERAL GOVERNMENT OF NIGERIA
FMN2021S115.50% FMN OCT 2021Flour Mills Nigeria Plc
FMN2023S216.00% FMN OCT 2023Flour Mills Nigeria Plc
FGS20204012.390% FGS NOV 2020FEDERAL GOVERNMENT OF NIGERIA
FGS20204212.402% FGS DEC 2020FEDERAL GOVERNMENT OF NIGERIA
FGS202141113.390% FGS NOV 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20214313.402% FGS DEC 2021FEDERAL GOVERNMENT OF NIGERIA
NMR2033S213.80% NMR MAR 2033NIGERIAN MORTGAGE REFINANCE COMPANY PLC
SIM2025S216.25% SIM OCT 2025STERLING INVESTMENT MGT. SPV PLC BOND
MRE2023S2A16.50% MIX SEP 2023MIXTA REAL ESTATE PLC
MRE2023S2B17.75% MIX OCT 2023MIXTA REAL ESTATE PLC
FGS20214412.125% FGS JAN 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20224513.125% FGS JAN 2022FEDERAL GOVERNMENT OF NIGERIA
FGS20214612.050% FGS FEB 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20224713.050% FGS FEB 2022FEDERAL GOVERNMENT OF NIGERIA
FGS20214811.62% FGS MAR 2021FEDERAL GOVERNMENT OF NIGERIA
FGS20224912.62% FGS MAR 2022FEDERAL GOVERNMENT OF NIGERIA
AGB2024S015.50% ABGB MAR 2024ACCESS BANK OF NIGERIA PLC

Listed Companies in the Nigeria Stock Exchange

May 1, 2019 by  
Filed under Nigeria Stock Exchange

Company Ticker Sector Date Listed Date Of Incorporation
11 PLCMOBILOIL AND GASJuly 25th 1991December 31st 1951
A.G. LEVENTIS NIGERIA PLC.[BMF]AGLEVENTCONGLOMERATESNovember 29th 1978March 22nd 1958
ABBEY MORTGAGE BANK PLCABBEYBDSFINANCIAL SERVICESOctober 21st 2008August 26th 1991
ACADEMY PRESS PLC.ACADEMYSERVICESJune 15th 1995July 28th 1964
ACCESS BANK PLC.ACCESSFINANCIAL SERVICESNovember 18th 1998February 8th 1989
AFRICA PRUDENTIAL PLCAFRIPRUDFINANCIAL SERVICESNovember 1st 2003March 23rd 2006
AFRICAN ALLIANCE INSURANCE PLC[AWR]AFRINSUREFINANCIAL SERVICESSeptember 17th 2009May 6th 1960
AFROMEDIA PLCAFROMEDIASERVICESMay 18th 2009October 28th 1959
AIICO INSURANCE PLC.AIICOFINANCIAL SERVICESInvalid dateJuly 14th 1970
ALUMINIUM EXTRUSION IND. PLC.[BLS]ALEXNATURAL RESOURCESOctober 4th 1986October 26th 1982
ANINO INTERNATIONAL PLC.[MRS]ANINOOIL AND GASJanuary 2nd 1990June 3rd 1981
ARBICO PLC.ARBICOCONSTRUCTION/REAL ESTATEInvalid dateJune 18th 1958
ASO SAVINGS AND LOANS PLC[MRS]ASOSAVINGSFINANCIAL SERVICESApril 25th 2008November 9th 1995
ASSOCIATED BUS COMPANY PLCABCTRANSSERVICESDecember 20th 2006April 5th 1993
AUSTIN LAZ & COMPANY PLC[BLS]AUSTINLAZINDUSTRIAL GOODSInvalid dateInvalid date
AXAMANSARD INSURANCE PLCMANSARDFINANCIAL SERVICESNovember 19th 2009June 23rd 1989
B.O.C. GASES PLC.BOCGASNATURAL RESOURCESInvalid dateDecember 11th 1959
BERGER PAINTS PLCBERGERINDUSTRIAL GOODSInvalid dateSeptember 1st 1959
BETA GLASS PLC.BETAGLASINDUSTRIAL GOODSJuly 2nd 1986June 2nd 1974
C & I LEASING PLC.[AWR]CILEASINGSERVICESDecember 1st 1997December 28th 1990
CADBURY NIGERIA PLC.CADBURYCONSUMER GOODSInvalid dateJanuary 9th 1965
CAP PLCCAPINDUSTRIAL GOODSInvalid dateInvalid date
CAPITAL HOTEL PLC[BLS]CAPHOTELSERVICESAugust 15th 1990January 16th 1981
CAPITAL OIL PLC[MRF]CAPOILOIL AND GASInvalid dateAugust 29th 1985
CAVERTON OFFSHORE SUPPORT GRP PLC[BLS]CAVERTONSERVICESMay 20th 2014June 2nd 2008
CEMENT CO. OF NORTH.NIG. PLCCCNNINDUSTRIAL GOODSOctober 4th 1993August 15th 1962
CHAMPION BREW. PLC.[BLS]CHAMPIONCONSUMER GOODSSeptember 1st 1983July 31st 1974
CHAMS PLCCHAMSICTInvalid dateSeptember 10th 1985
CHELLARAMS PLC.CHELLARAMCONGLOMERATESApril 1st 1977August 13th 1947
CONOIL PLC[MRF]CONOILOIL AND GASInvalid dateJune 30th 1970
CONSOLIDATED HALLMARK INSURANCE PLCCHIPLCFINANCIAL SERVICESFebruary 22nd 2008August 2nd 1991
CONTINENTAL REINSURANCE PLCCONTINSUREFINANCIAL SERVICESInvalid dateJuly 24th 1985
CORNERSTONE INSURANCE PLC[MRF]CORNERSTFINANCIAL SERVICESAugust 13th 1997July 26th 1991
COURTEVILLE BUSINESS SOLUTIONS PLCCOURTVILLEICTApril 1st 2009January 4th 2005
CUSTODIAN INVESTMENT PLCCUSTODIANFINANCIAL SERVICESJune 12th 2007August 22nd 1991
CUTIX PLC.CUTIXINDUSTRIAL GOODSDecember 8th 1987November 4th 1982
CWG PLC[BMF]CWGICTInvalid dateSeptember 26th 1991
DAAR COMMUNICATIONS PLC[MRF]DAARCOMMSERVICESInvalid dateAugust 18th 1988
DANGOTE CEMENT PLCDANGCEMINDUSTRIAL GOODSInvalid dateFebruary 17th 2010
DANGOTE FLOUR MILLS PLCDANGFLOURCONSUMER GOODSFebruary 4th 2008January 1st 2006
DANGOTE SUGAR REFINERY PLCDANGSUGARCONSUMER GOODSMarch 8th 2007January 4th 2005
DEAP CAPITAL MANAGEMENT & TRUST PLC[DIP]DEAPCAPFINANCIAL SERVICESDecember 17th 2007June 5th 2002
DN TYRE & RUBBER PLC[DIP]DUNLOPCONSUMER GOODSInvalid dateOctober 21st 1961
E-TRANZACT INTERNATIONAL PLC[BLS]ETRANZACTICTAugust 7th 2009Invalid date
ECOBANK TRANSNATIONAL INCORPORATEDETIFINANCIAL SERVICESSeptember 11th 2006October 3rd 1985
EKOCORP PLC.[BLS]EKOCORPHEALTHCAREInvalid dateOctober 9th 1991
ELLAH LAKES PLC.ELLAHLAKESAGRICULTUREJanuary 14th 1993July 2nd 1980
ETERNA PLC.ETERNAOIL AND GASInvalid dateJanuary 13th 1989
EVANS MEDICAL PLC.[DIP]EVANSMEDHEALTHCAREJuly 23rd 1979April 23rd 1954
FBN HOLDINGS PLCFBNHFINANCIAL SERVICESNovember 26th 2012August 13th 2012
FCMB GROUP PLC.FCMBFINANCIAL SERVICESJune 21st 2013November 20th 2012
FIDELITY BANK PLCFIDELITYBKFINANCIAL SERVICESMay 17th 2005November 19th 1987
FIDSON HEALTHCARE PLCFIDSONHEALTHCAREApril 6th 2008March 13th 1995
FIRST ALUMINIUM NIGERIA PLC[MRF]FIRSTALUMINDUSTRIAL GOODSMay 11th 1992August 20th 1960
FLOUR MILLS NIG. PLC.FLOURMILLCONSUMER GOODSAugust 14th 1979September 29th 1960
FORTE OIL PLC.FOOIL AND GASInvalid dateNovember 12th 1964
FORTIS MICROFINANCE BANK PLC[MRF]FORTISMFBFINANCIAL SERVICESJune 20th 2012June 18th 2007
FTN COCOA PROCESSORS PLC[MRS]FTNCOCOAAGRICULTUREInvalid dateAugust 26th 1991
GLAXO SMITHKLINE CONSUMER NIG. PLC.GLAXOSMITHHEALTHCAREInvalid dateJune 23rd 1971
GLOBAL SPECTRUM ENERGY SERVICES PLC[BLS]GSPECPLCSERVICESNovember 27th 2017March 14th 2006
GOLDEN GUINEA BREW. PLC.[RST]GOLDBREWCONSUMER GOODSInvalid dateSeptember 26th 1962
GOLDLINK INSURANCE PLC[MRS]GOLDINSUREFINANCIAL SERVICESFebruary 12th 2008September 8th 1993
GREIF NIGERIA PLCVANLEERINDUSTRIAL GOODSInvalid dateJanuary 20th 1940
GUARANTY TRUST BANK PLC.GUARANTYFINANCIAL SERVICESSeptember 9th 1996July 20th 1990
GUINEA INSURANCE PLC.[MRF]GUINEAINSFINANCIAL SERVICESInvalid dateDecember 3rd 1958
GUINNESS NIG PLCGUINNESSCONSUMER GOODSJanuary 2nd 1965April 29th 1950
HONEYWELL FLOUR MILL PLCHONYFLOURCONSUMER GOODSOctober 20th 2009July 9th 1985
IKEJA HOTEL PLCIKEJAHOTELSERVICESInvalid dateInvalid date
INFINITY TRUST MORTGAGE BANK PLC[BLS]INFINITYFINANCIAL SERVICESDecember 11th 2013January 1st 1992
INTERLINKED TECHNOLOGIES PLC[BLS]INTERLINKSERVICESNovember 13th 1993November 17th 1981
INTERNATIONAL BREWERIES PLC.[MRF]INTBREWCONSUMER GOODSInvalid dateDecember 22nd 1971
INTERNATIONAL ENERGY INSURANCE PLC[MRS]INTENEGINSFINANCIAL SERVICESJuly 13th 2007March 26th 1969
JAIZ BANK PLCJAIZBANKFINANCIAL SERVICESJanuary 9th 2017April 1st 2003
JAPAUL OIL & MARITIME SERVICES PLCJAPAULOILOIL AND GASInvalid dateInvalid date
JOHN HOLT PLC.JOHNHOLTCONGLOMERATESMay 17th 1974August 28th 1961
JULI PLC.[MRF]JULISERVICESJuly 11th 1986September 14th 1972
JULIUS BERGER NIG. PLC.JBERGERCONSTRUCTION/REAL ESTATESeptember 20th 1991February 18th 1970
LAFARGE AFRICA PLC.[MRF]WAPCOINDUSTRIAL GOODSInvalid dateFebruary 24th 1959
LASACO ASSURANCE PLC.[MRF]LASACOFINANCIAL SERVICESInvalid dateDecember 20th 1979
LAW UNION AND ROCK INS. PLC.[MRF]LAWUNIONFINANCIAL SERVICESJuly 9th 1990June 17th 1969
LEARN AFRICA PLCLEARNAFRCASERVICESInvalid dateOctober 8th 1961
LINKAGE ASSURANCE PLCLINKASSUREFINANCIAL SERVICESNovember 18th 2003March 26th 1991
LIVESTOCK FEEDS PLC.LIVESTOCKAGRICULTUREApril 1st 1978March 20th 1963
MAY & BAKER NIGERIA PLC.MAYBAKERHEALTHCARENovember 10th 1994April 9th 1944
MCNICHOLS PLCMCNICHOLSCONSUMER GOODSDecember 18th 2009April 26th 2004
MEDVIEW AIRLINE PLC[BLS]MEDVIEWAIRSERVICESInvalid dateAugust 11th 2004
MEYER PLC.MEYERINDUSTRIAL GOODSInvalid dateMay 20th 1960
MORISON INDUSTRIES PLC.MORISONHEALTHCAREInvalid dateJune 29th 1955
MRS OIL NIGERIA PLC.MRSOIL AND GASInvalid dateAugust 12th 1969
MULTI-TREX INTEGRATED FOODS PLC[BMF]MULTITREXCONSUMER GOODSNovember 1st 2010October 30th 1999
MULTIVERSE MINING AND EXPLORATION PLCMULTIVERSENATURAL RESOURCESApril 18th 2008June 20th 2002
MUTUAL BENEFITS ASSURANCE PLC.[MRF]MBENEFITFINANCIAL SERVICESMay 28th 2002April 18th 1995
N NIG. FLOUR MILLS PLC.NNFMCONSUMER GOODSInvalid dateOctober 29th 1971
NASCON ALLIED INDUSTRIES PLCNASCONCONSUMER GOODSOctober 20th 1992April 30th 1973
NCR (NIGERIA) PLC.NCRICTMay 30th 1979December 9th 1949
NEIMETH INTERNATIONAL PHARMACEUTICALS PLCNEIMETHHEALTHCARESeptember 21st 1979August 30th 1957
NEM INSURANCE PLCNEMFINANCIAL SERVICESSeptember 5th 1990April 2nd 1970
NESTLE NIGERIA PLC.NESTLECONSUMER GOODSApril 20th 1979September 25th 1969
NEWREST ASL NIGERIA PLC[DIP]AIRSERVICESERVICESJuly 25th 2007June 12th 1996
NIGER INSURANCE PLC[MRF]NIGERINSFINANCIAL SERVICESSeptember 1st 1993August 29th 1962
NIGERIA ENERYGY SECTOR FUNDNESFFINANCIAL SERVICESJune 18th 1999October 26th 1998
NIGERIA-GERMAN CHEMICALS PLC.[MRS]NIG-GERMANHEALTHCAREInvalid dateJanuary 10th 1964
NIGERIAN AVIATION HANDLING COMPANY PLCNAHCOSERVICESNovember 27th 2006April 8th 2005
NIGERIAN BREW. PLC.NBCONSUMER GOODSSeptember 5th 1973November 16th 1946
NIGERIAN ENAMELWARE PLC.ENAMELWACONSUMER GOODSDecember 28th 1979May 21st 1960
NOTORE CHEMICAL IND PLC[BLS]NOTOREINDUSTRIAL GOODSAugust 2nd 2018November 30th 2005
NPF MICROFINANCE BANK PLC[MRF]NPFMCRFBKFINANCIAL SERVICESDecember 1st 2010May 19th 1993
OANDO PLCOANDOOIL AND GASFebruary 24th 1992August 25th 1969
OKOMU OIL PALM PLC.OKOMUOILAGRICULTUREMarch 11th 1991December 3rd 1979
OMATEK VENTURES PLC[MRF]OMATEKICTJune 18th 2008July 6th 1998
OMOLUABI MORTGAGE BANK PLC[MRF]OMOMORBNKFINANCIAL SERVICESNovember 4th 2014March 9th 1999
P Z CUSSONS NIGERIA PLC.PZCONSUMER GOODSInvalid dateApril 12th 1948
PHARMA-DEKO PLC.PHARMDEKOHEALTHCAREInvalid dateApril 18th 1969
PORTLAND PAINTS & PRODUCTS NIGERIA PLC[BLS]PORTPAINTINDUSTRIAL GOODSJuly 9th 2009September 3rd 1985
PREMIER PAINTS PLC.PREMPAINTSINDUSTRIAL GOODSMarch 7th 1995August 24th 1982
PRESCO PLC[MRF]PRESCOAGRICULTUREOctober 10th 2002September 24th 1991
PRESTIGE ASSURANCE PLCPRESTIGEFINANCIAL SERVICESDecember 3rd 1990January 6th 1970
R T BRISCOE PLC.[MRF]RTBRISCOESERVICESMarch 15th 1974March 9th 1957
RAK UNITY PET. COMP. PLC.RAKUNITYOIL AND GASInvalid dateDecember 20th 1982
RED STAR EXPRESS PLCREDSTAREXSERVICESNovember 14th 2007July 10th 1992
REGENCY ASSURANCE PLCREGALINSFINANCIAL SERVICESMay 27th 2008June 16th 1993
RESORT SAVINGS & LOANS PLC[MRF]RESORTSALFINANCIAL SERVICESInvalid dateJune 17th 1992
ROADS NIG PLC.[MRF]ROADSCONSTRUCTION/REAL ESTATEInvalid dateOctober 11th 1974
ROYAL EXCHANGE PLC.[MRF]ROYALEXFINANCIAL SERVICESDecember 3rd 1990February 28th 1921
S C O A NIG. PLC.SCOACONGLOMERATESInvalid dateJune 24th 1969
SECURE ELECTRONIC TECHNOLOGY PLCNSLTECHSERVICESDecember 14th 2007January 3rd 2000
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLCSEPLATOIL AND GASApril 14th 2014June 17th 2009
SKYE BANK PLC[MRF]SKYEBANKFINANCIAL SERVICESInvalid dateDecember 8th 1989
SKYE SHELTER FUND PLCSKYESHELTCONSTRUCTION/REAL ESTATEFebruary 26th 2008Invalid date
SKYE SHELTER FUND PLCSKYESHELTCONSTRUCTION/REAL ESTATEInvalid dateInvalid date
SKYWAY AVIATION HANDLING COMPANY PLC[BLS]SKYAVNSERVICESApril 26th 2019April 22nd 2009
SMART PRODUCTS NIGERIA PLC[MRF]SMURFITCONSTRUCTION/REAL ESTATEInvalid dateNovember 1st 1966
SOVEREIGN TRUST INSURANCE PLCSOVRENINSFINANCIAL SERVICESNovember 29th 2006February 26th 1980
STACO INSURANCE PLC[MRF]STACOFINANCIAL SERVICESJune 25th 2007July 10th 1991
STANBIC IBTC HOLDINGS PLCSTANBICFINANCIAL SERVICESNovember 23rd 2012March 14th 2012
STANDARD ALLIANCE INSURANCE PLC.[MRF]STDINSUREFINANCIAL SERVICESDecember 19th 2003July 28th 1981
STERLING BANK PLC.STERLNBANKFINANCIAL SERVICESAugust 17th 1993November 25th 1960
STUDIO PRESS (NIG) PLC.STUDPRESSSERVICESSeptember 13th 1979July 9th 1965
SUNU ASSURANCES NIGERIA PLC.SUNUASSURFINANCIAL SERVICESInvalid dateDecember 13th 1984
TANTALIZERS PLCTANTALIZERSERVICESInvalid dateInvalid date
THE INITIATES PLCINITSPLCSERVICESOctober 25th 2016March 3rd 1995
THOMAS WYATT NIG. PLC.[RST]THOMASWYNATURAL RESOURCESOctober 26th 1978March 18th 1948
TOTAL NIGERIA PLC.TOTALOIL AND GASInvalid dateJanuary 6th 1956
TOURIST COMPANY OF NIGERIA PLC.[DIP]TOURISTSERVICESInvalid dateOctober 4th 1964
TRANS-NATIONWIDE EXPRESS PLC.TRANSEXPRSERVICESSeptember 7th 1992March 28th 1984
TRANSCORP HOTELS PLC[BLS]TRANSCOHOTSERVICESJanuary 15th 2015July 12th 1994
TRANSNATIONAL CORPORATION OF NIGERIA PLCTRANSCORPCONGLOMERATESInvalid dateNovember 16th 2004
TRIPPLE GEE AND COMPANY PLC.TRIPPLEGICTApril 2nd 2013April 14th 1980
U A C N PLC.UACNCONGLOMERATESInvalid dateApril 22nd 1931
UACN PROPERTY DEVELOPMENT COMPANY PLC[AWR]UAC-PROPCONSTRUCTION/REAL ESTATEInvalid dateOctober 6th 1997
UNIC DIVERSIFIED HOLDINGS PLC.[MRF]UNICFINANCIAL SERVICESInvalid dateApril 2nd 1965
UNILEVER NIGERIA PLC.UNILEVERCONSUMER GOODSJanuary 1st 1973November 4th 1923
UNION BANK NIG.PLC.[BMF]UBNFINANCIAL SERVICESInvalid dateInvalid date
UNION DIAGNOSTIC & CLINICAL SERVICES PLCUNIONDACHEALTHCARESeptember 11th 2008March 16th 1999
UNION DICON SALT PLC.[BRS]UNIONDICONCONSUMER GOODSSeptember 23rd 1993November 12th 1991
UNION HOMES REAL ESTATE INVESTMENT TRUST (REIT)UHOMREITCONSTRUCTION/REAL ESTATEFebruary 5th 2008Invalid date
UNION HOMES SAVINGS AND LOANS PLC.[MRS]UNHOMESFINANCIAL SERVICESApril 24th 2006November 6th 1992
UNITED BANK FOR AFRICA PLCUBAFINANCIAL SERVICESMarch 31st 1970February 23rd 1961
UNITED CAPITAL PLCUCAPFINANCIAL SERVICESNovember 1st 2013March 14th 2002
UNITY BANK PLCUNITYBNKFINANCIAL SERVICESDecember 22nd 2005April 27th 1987
UNIVERSAL INSURANCE PLC[MRF]UNIVINSUREFINANCIAL SERVICESFebruary 11th 2008March 1st 1961
UNIVERSITY PRESS PLC.UPLSERVICESAugust 14th 1978August 14th 1978
UPDC REAL ESTATE INVESTMENT TRUSTUPDCREITCONSTRUCTION/REAL ESTATEFebruary 26th 2008March 27th 2013
VALUEALLIANCE VALUE FUNDVALUEFUNDFINANCIAL SERVICESJuly 27th 2011Invalid date
VERITAS KAPITAL ASSURANCE PLC[MRF]VERITASKAPFINANCIAL SERVICESInvalid dateAugust 8th 1973
VITAFOAM NIG PLC.VITAFOAMCONSUMER GOODSInvalid dateApril 8th 1962
WAPIC INSURANCE PLC[MRF]WAPICFINANCIAL SERVICESInvalid dateMarch 14th 1958
WEMA BANK PLC.WEMABANKFINANCIAL SERVICESFebruary 13th 1991May 2nd 1945
ZENITH BANK PLCZENITHBANKFINANCIAL SERVICESOctober 21st 2004May 30th 1990

List of Nigerian Stock Exchange Delisted Companies

May 1, 2019 by  
Filed under Nigeria Stock Exchange

The following Corporates were delisted from the Daily Official List of the Exchange between 2002 and April 2019​.

S/NCOMPANYDATE DELISTEDREASON FOR DELISTING
1IMPRESIT BAKOLORI PLC​​2002Voluntary
2DUMEZ NIGERIA PLC2002Regulatory: NSE
3CFOA NIGERIA PLC2007Voluntary
4ACEN INSURANCE PLC2008Regulatory: NAICOM
5ATLAS NIGERIA PLC2008Regulatory: NSE
6CERAMICS MANUFACTURING COMPANY PLC2008Regulatory: NSE
7AMICABLE INSURANCE PLC2008Regulatory: NAICOM
8BAICO INSURANCE PLC2008Regulatory: NAICOM
9BEVERAGES (WA) NIGERIA PLC2008Regulatory: NSE
10ENPEE PLC2008Voluntary
11TATE INDUSTRIES PLC2008Regulatory: NSE
12MAUREEN LAB. PLC2008Regulatory: NSE
13RIETZCOT NIGERIA PLC2008Regulatory: NSE
14INTRA MOTORS NIG. PLC2008Regulatory: NSE
15AVIATION DEVELOPMENT COMPANY PLC2008Regulatory: NSE
16GROMMAC INDUSTRIES PLC2008Regulatory: NSE
17ONWUKA HI-TEK. PLC2008Regulatory: NSE
18NIGERIAN LAMPS PLC2008Regulatory: NSE
19NIGERIAN YEAST & ALCOHOL MANUFACTURING PLC2008Regulatory: NSE
20SECURITY ASSURANCE PLC2008Regulatory: NAICOM
21SUN INSURANCE PLC2008Regulatory: NAICOM
22NIGERIAN TEXTILES MILLS PLC2008Voluntary
23FOOTWEAR MANUFACTURING PLC2009Regulatory: NSE
24FERDINAND OIL MILLS PLC2009Regulatory: NSE
25CHRISTLIEB PLC2009Regulatory: NSE
26BCN PLC2009Regulatory: NSE
27LIZ-OLOFIN & COMPANY PLC2009Regulatory: NSE
28OLUWA GLASS COMPANY PLC2009Regulatory: NSE
29ASABA TEXTILE MILLS PLC2009Regulatory: NSE
30ABOSELDEHYDE LABORATORIES PLC2009Regulatory: NSE
31EPIC DYNAMIC PLC2009Regulatory: NSE
32FAMAD PLC2009Regulatory: NSE
33ABA TEXTILE MILLS PLC2009Regulatory: NSE
34AFPRINT PLC2010Regulatory: NSE
35INCAR PLC2010Voluntary
36NIGERCEM PLC2011Regulatory: NSE
37DAILY TIMES PLC2011Regulatory: NSE
38ALBARKA AIRLINE PLC2011Regulatory: NSE
39FOREMOST DAIRIES PLC2011Regulatory: NSE
40WIGGINS TEAPE NIGERIA PLC2011Regulatory: NSE
41OKITIPUPA OIL PALM PLC2011Regulatory: NSE
42FIRST CAPITAL INVESTMENT & TRUST PLC2011Regulatory: NSE
43FLEXIBLE PACKAGING PLC2011Regulatory: NSE
44NEWPAK PLC2011Regulatory: NSE
45KRABO NIGERIA PLC2011Regulatory: NSE
46TROPICAL PETROLEUM PLC2011Regulatory: NSE
48NAMPAK PLC2011Voluntary
49UNITED NIGERIA TEXTILE PLC2011Voluntary
50BANK PHB PLC2011Nationalised: CBN
51AFRIBANK PLC2011Nationalised: CBN
52SPRING BANK PLC2011Nationalised: CBN
53INTERCONTINENTAL BANK PLC2011Merged with Access Bank Plc.
54OCEANIC BANK PLC2011Merged with ETI
55FINBANK PLC2011Merged with FCMB Plc
56ECOBANK PLC2011Absorbed by ETI: Now Ecobank Nigeria Ltd
57ABPLAST PLC2012Regulatory: NSE
58UDEOFSIN GARMENT PLC2012Regulatory: NSE
59HALLMARK PAPER PRODUCT PLC2012Regulatory: NSE
60NIGERIAN BAG MANUFACTURING COMPANY PLC11-Apr-2013Merged with Flour Mills Plc
61CRUSADER INSURANCE NIGERIA PLC13-May-2013Merged with Custodian & Allied Insurance Plc
62WEST AFRICAN ALUMINIUM PLC3-Jun-2013Regulatory: NSE
63NIGERIAN WIRE INDUSTRIES PLC3-Jun-2013Regulatory: NSE
64BIG TREAT PLC24-Nov-2014Regulatory
65AFROIL PLC24-Nov-2014Regulatory
66STARCOMMS PLC24-Nov-2014Regulatory
67PINNACLE POINT GROUP24-Nov-2014Regulatory
68​POLY PRODUCTS PLC12-Dec-2014​Voluntary
69OASIS INSURANCE PLC31-Dec-2014Acquired by FBN Life Insurance
70CAPPA AND D’ALBERTO PLC16-Jan-2015​Voluntary
71NIGERIAN SEWING MACHINE MANUFACTURING PLC13-Jul-2015Regulatory: NSE
72STOCKVIS PLC13-Jul-2015Regulatory: NSE
73NIGERIA WIRE & CABLE PLC13-Jul-2015Regulatory: NSE
74IPWA PLC18-May-2016​Regulatory: NSE
75G. CAPPA PLC18-May-2016​Regulatory: NSE
76WEST AFRICAN GLASS INDUSTRIES PLC 18-May-2016​Regulatory: NSE
77INVESTMENT & ALLIED INSURANCE PLC18-May-2016​Regulatory: NSE
78ALUMACO PLC18-May-2016​Regulatory: NSE
79JOS INTERNATIONAL BREWERIES PLC18-May-2016​Regulatory: NSE
80ADSWITCH PLC18-May-2016​Regulatory: NSE
81ROKANNA PLC18-May-2016​Regulatory: NSE
82VONO PRODUCTS NIGERIA PLC23-May-2016Merged with Vitafoam Plc
83LENNARDS (NIGERIA) PLC1-Dec-2016Regulatory: NSE
84P.S MANDRIDES & COMPANY PLC1-Dec-2016Regulatory: NSE
85PREMIER BREWERIES PLC1-Dec-2016​Regulatory: NSE
86COSTAIN (W.A) PLC 1-Dec-2016​Regulatory: NSE
87NAVITUS ENERGY PLC1-Dec-2016​Regulatory: NSE
88NIGERIAN ROPES PLC1-Dec-2016​Regulatory: NSE
89BECO PETROLEUM PRODUCTS PLC2-May-2017​Regulatory: NSE​
90MTECH COMMUNICATIONS PLC2-May-2017​Regulatory: NSE
91MTI PLC2-May-2017​Regulatory: NSE
92UTC PLC2-May-2017Regulatory: NSE
93ASHAKACEM PLC4-Jul-2017Merger with Lafarge Africa Plc
94AVON CROWN CAPS AND CONTAINERS PLC 18-Sep-2017Voluntary   
95SEVEN-UP BOTTLING COMPANY PLC5-Mar-2018Voluntary 
96AFRICAN PAINTS (NIGERIA) PLC6-Apr-2018​Regulatory: NSE
97AFRIK PHARMACEUTICALS PLC6-Apr-2018Regulatory: NSE
98PAINTS AND COATINGS MANUFACTURERS NIGERIA PLC17-Aug-2018​Voluntary ​
99GREAT NIGERIA INSURANCE PLC25-Jan-2019Voluntary 
100DIAMOND BANK PLC1-Apr-2019Merged with Access Bank Plc

What you need to know about FGN ​​SAVINGS BOND​​​

May 1, 2019 by  
Filed under Nigeria Stock Exchange

NSE Regulation

The Debt Management Office (DMO) of Nigeria, on behalf of the Federal Government of Nigeria, has launched a new retail investment programme – the “Federal Government of Nigeria (FGN) Savings Bond” – to help enhance the savings culture among Nigerians while providing all citizens irrespective of income level, an opportunity to contribute to National Development; as well as the comparatively​ favourable returns available in the capital market. FGN Savings Bond is safe and backed by the full faith and credit of the Federal Government of Nigeria, with quarterly coupon payments to bondholders.   Features Minimum subscription of N5,000 with additions in multiple of N1,000; subject to a maximum of N50 million. Fixed coupon will be paid quarterly to investors. Bond tenors will range from 2 – 3 years tenor. It will be issued on a Monthly Basis through an Offer for Subscription. Monthly offer will be open for 5 days from the date of announcement.
Benefits The coupon/interest income from the Savings Bond are tax-free. The bondholder enjoys coupon/interest on a quarterly basis which is paid directly to his/her bank account It makes it possible for individuals to plan and save towards personal projects. FGN Savings Bonds are liquid as Secondary Market trading will be on the trading platform of the Nigerian Stock Exchange (NSE) The FGN Savings Bond is acceptable as collateral for loans. It offers guaranteed returns, and encourages financial inclusion.  How To Invest Investors  are to  subscribe through Dealing Members of the NSE accredited by the DMO to act as Distribution Agents. ​
Frequently Asked Questions​Fact Sheet​​​November 2017 FGN Savings Bond Offer for Subscription
FGN Savings Bond: Features, Trading and Opportunities​​Public Notice on the FGN Savings Bond
List of Stockbroking Firms accredited by the DMO to Market and Distribute FGN Savings Bond

How to become a member of the Nigerian Stock Exchange

May 1, 2019 by  
Filed under Nigeria Stock Exchange

Trading in securities listed on The Nigerian Stock Exchange (“The Exchange”) is executed through Dealing Members of The Exchange. To be eligible for membership, Broker-Dealers must meet specific requirements set by The Exchange. These requirements are stated in the Rules for Registration as a Dealing Member of The Nigerian Stock Exchange.
Upon approval of a prospective Dealing Member’s application, and fulfillment of the requirements for commencement of operations as a Dealing Member (including but not limited to the requirements of the Minimum Operating Standards​, a Dealing Membership License will be granted to the firm. 
As a provision of membership, each Dealing Member is charged an annual fee which covers (a) maintenance of trading terminals (b) rented “space” on the trading floor, (c) Dealing Membership fee and (d) Authorized Clerkship subscription per Authorized Dealing Clerk.
Authorized Dealing Clerks (Stockbrokers)Dealing Members require the services of Authorized Dealing Clerks to access The Exchange’s trading terminals. These stockbrokers act on behalf of Dealing Members to access the market and assist investors in buying, selling or dealing in securities. The stockbrokers can only execute trades on The Exchange using the unique identification code assigned to them.
To be eligible for admission as an Authorized Dealing Clerk, the individual must:

  • have the relevant qualifications and have undergone training recognized and prescribed by The Exchange;
  • be registered with The Exchange;
  • not be less than twenty-one (21) years old;
  • be of good character and integrity;
  • agree to comply with such other requirements for membership as Council may prescribe from time to time;
  • be recommended by a Dealing Member who will be liable for all transactions made on its behalf on The Exchange by the Authorized Clerk; 
  • be registered as a market operator under the Investment and Securities Act, 2007.

Member fees for traders and broker dealers of the Nigerian Stock Exchange

May 1, 2019 by  
Filed under Nigeria Stock Exchange

The Nigerian Stock Excha​nge (NSE) offers its Dealing Members an efficient, transparent and well regulated marketplace for the execution of trades in securities listed on The NSE. It provides an opportunity for th​e Dealing Members to connect their clients to exciting investment options in the Capital Market.​​

Product/Transaction Type Basis of Computation Charge​​ (Naira)
Dealing Membership Fee Annual 40,000
Designated Adviser Application Fee One off 50,000
Designated Adviser Accreditation Fee Biennial 150,000
Dealing License Transfer Fee​​ 6% of purchase consideration
Rent of Trading Floor Annual 35,000
Authorized Clerkship​ Annual 20,000
ATS Training Fee Annual 55​,000
ATS Maintenance Fe​​​​​e Annual​ 200,000
Stock Market Report Monthly subscription 15,000
Trainee Clerkship Induction Event 35​,000
Continuous Professional Development Event 30,000
Brokers Uniforms Unit 1,500
Brokers Badge Unit 2,000
Nominal Transfer Fee 0.3% of value
Transaction Fees Bond N1 per million on the underlying trades ( both buy and Sell sides)
Exchange Traded Fund 0.3​% of consideration on the SELL side
Equity 0.3% of consideration on the SELL side
Training Fee Depending on the Module
Investigation Panel Fee Per Appearance 100,000

List of Nigerian Stock Exchange brokers and Dealers

May 1, 2019 by  
Filed under Nigeria Stock Exchange

Dealing Member Status
Adamawa Securities LimitedInactive
Adonai Stockbrokers LimitedInactive
African Alliance Stockbrokers LimitedInactive – Resignation In Progress
Afrinvest Securities LimitedActive
Aims Asset Management LimitedInactive
Alangrange Securities Ltd Inactive – Reclassified to Sub Broker with the SEC
Amyn Investment LimitedInactive
Anchoria Investment & Securities LtdActive
Apel Asset Limited (Formerly Apel Asset & Trust Limited)Active
APT Securities & Funds LimitedActive
Arian Capital Management LimitedInactive – Reclassified to Sub Broker with the SEC
ARM Securities Limited Active
Arthur Stevens Asset Mgt LtdActive
Associated Asset Managers LimitedActive
Atlass Portfolio LimitedActive
Barclays Stockbrokers Nigeria LimitedActive
Bauchi Investment Corporation Securities LimitedActive
Belfry Investment & Securities LimitedActive
Bestlink Investment LimitedInactive – Reclassified to Sub Broker with the SEC
Bestworth Assets & Trust LimitedActive
BGL Securities LimitedInactive – Deregistered by SEC
Cadington Securities LimitedInactive
Calyx Securities LimitedActive
Camry Securities Limited Active
Capital Assets LimitedActive
Capital Bancorp PlcActive
Capital Express securities LimitedActive
Capital Trust Brokers LimitedActive
CardinalStone Securities Limited (Formerly Plural Securities Limited)Active
Cashcraft Securities LimitedActive
Cashville Investments & Securities LtdActive
CDL Capital Markets LimitedActive
CEB Securities Limited Inactive
Centre Point Investment LimitedActive
Century Securities LimitedActive
Chapel Hill Denham Securities LimitedActive
Chartwell Securities LimitedActive
Citi Investment Capital LimitedActive
City Code Trust & Invest Company LtdActive
Clearview Investment & Securities LtdInactive
CLG Stockbrokers Limited (Formerly Anchorage Securities)Inactive
Compass Investments & Sec. LtdActive
Cordros Securities LimitedActive
Core Securities LimitedActive
Coronation Securities LimitedActive
Covenant Securities & Asset Management LimitedInactive – Reclassified to Sub Broker with the SEC
CowrySecurities LtdActive
Cradle Trust Finance & Securities LtdInactive – Reclassified to Sub Broker with the SEC
Crane Securities LimitedActive
Crossworld Securities LimitedActive
Crown Capital Limited Active
CSL Stockbrokers LimitedActive
Decanon Investment LimitedInactive – Deregistered by SEC
Deep Trust & Investment LimitedActive
De-Lords Securities LimitedActive
Dependable Securities LimitedInactive – Reclassified to Sub Broker with the SEC
Dominion Trust LimitedActive
DSU Brokerage Services LimitedActive
Dunbell Securities LimitedActive
Dunn Loren Merrifield Securities LimitedActive
Dynamic Portfolio LimitedActive
ECL Asset Management LimitedInactive
EDC Securities Limited Active
Edgefield Capital Management LimitedActive
EFCP LimitedActive
EFG Hermes Nigeria LimitedActive
El-Elyon Alliance and Securities LtdActive
Elixir Securities Limited (Formerly known as Merit Securities Limited)Active
Enterprise Stockbrokers LimitedActive
Equity Capital Solutions LimitedActive
Eurocomm Securities LimitedActive
Excel Securities LimitedInactive – Reclassified to Sub Broker with the SEC
Express Portfolio Services LimitedActive
Falcon Securities LimitedActive
FBC Trust & Securities LimitedActive
FBNQuest Securities LimitedActive
FCSL Asset Management Company LimitedActive
Fidelity Finance Company LimitedActive
Financial & Analytics Capital LimitedActive
Financial Trust Company Nigeria LimitedActive
Finbank Securities & Assets Management LimitedInactive
Finmal Securities Limited Active
First Integrated Capital Mgt LtdActive
First Stockbrokers LimitedActive
FIS Securities LimitedActive
Foresight Securities & Investment LimitedActive
Forte Financial LimitedActive
Forthright Securities & Investments LimitedActive
Fortress Capital Limited Active
FSDH Securities Limited Active
FSL Securities LimitedActive
Funds Matrix & Asset Management LimitedActive
Fundvine Capital & Securities LimitedActive
Futureview Securities Limited Active
Gem Assets Management LtdInactive
Gidauniya Invest & Sec Ltd Active
Global Asset Management (Nig) LtdActive
Globalview Capital LimitedActive
GMT Securities & Asset Mgt Limited Inactive
Golden Securities LimitedActive
Gombe Securities LimitedInactive
Greenwich Securities LimitedActive
Growth & Development Asset Management Limitedactive
Gruene Capital Limited (Formerly Mc-Finerco Investment Limited)Active
GTI Securities LimitedActive
Harmony Investment & Securities LtdActive
Heartbeat Investments LimitedActive
Hedge Securities & Investment LtdActive
Helix Securities LimitedActive
Heritage Capital Markets Limited Active
Horizon Stockbrokers LimitedInactive
ICMG Securities LimitedActive
Icon Stockbrokers LimitedActive
Imperial Assets Managers LimitedActive
Integrated Trust & Investments LimitedActive
International Standard Securities LimitedInactive
Interstate Securities LimitedActive
Investment Centre Limited Inactive – Reclassified to Sub Broker with the SEC
Investment One Stockbrokers Int’l Ltd (formerly GTB Securities Limited)Active
Investment Shark & Asset Management LimitedInactive
Investors & Trust Company LimitedActive
ITIS Securities LimitedInactive
Kakawa Asset Management LimitedInactive
Kapital Care Trust & Securities LimitedActive
Kedari Capital Limited (Formerly Kedari Securities Ltd)Active
Kinley Securities LimitedActive
Kofana Securities & Investment LimitedActive
Kundila Finance Services Limited Active
Lambeth Capital LimitedActive
LB Securities LimitedInactive – Reclassified to Sub Broker with the SEC
Lead Securities & Invests LtdActive
Lighthouse Asset Management LimitedActive
Lion Stockbrokers LimitedInactive
LMB Stockbrokers LimitedInactive
MACT Securities Limited Inactive
Magnartis Finance & Investment LimitedActive
Mainland Trust LimitedInactive – Reclassified to Sub Broker with the SEC
Mainstreet Bank Securities Limited Active
Marimpex Finance & Invest Co. LimitedInactive
Marriot Securities & Investment Co. LtdInactive – Reclassified to Sub Broker with the SEC
Maven Asset Management Limited Inactive
Maxifund Investment & Securities PlcActive
Mayfield Investment LimitedActive
MBC Securities LimitedActive
MBL Financial Services LimitedActive
Mega Equities LimitedActive
Mercov Securities LimitedInactive
Meristem Stockbrokers LimitedActive
Midas Stockbrokers LimitedActive
Midpoint Capital LimitedInactive
Milestone Capital Management Limited (Formerlly Ocean Securities & Stockbrokers Ltd)Active
Mission Securities LimitedActive
ML Securities LtdInactive
Molten Trust LimitedActive
Monument Sec. & Finance Ltd Inactive
Morgan Capital Securities Limited Active
Mountain Investment & Securities LtdActive
Mutual Alliance Invest & Securities LtdInactive
Network Capital Limited (Formerly Crescent Capital Limited)Active
Networth Securities & Finance LtdActive
Newdevco Invests & Sec. Co. LtdActive
Nigerian International Securities LtdActive
Nigerian Stockbrokers LimitedActive
Northbridge Invest & Stockbrokers LtdInactive – Reclassified to Sub Broker with the SEC
Nova Finance & Securities LimitedActive
Options Securities LimitedInactive – Reclassified to Sub Broker with the SEC
Osborne Capital Markets LimitedActive
PAC Securities Limited Active
Partnership securities ltd. Inactive – Deregistered by the SEC
Peace Capital Markets LimitedActive
Perfecta Investment Trust LimitedInactive – Reclassified to Sub Broker with the SEC
Phronesis Securities LimitedInactive – Reclassified to Sub Broker with the SEC
Pilot Securities Limited Active
Pinefields Investment Services LimitedActive
PIPC Securities Limited Active
Pivot Capital LimitedActive
Planet Capital Limited (Merger between Emerging Capital and Strategy & Arbitrage Limited)Active
Platinum Capital LimitedInactive – Deregistered by the SEC
PML Securities Company Ltd Inactive – Reclassified to Sub Broker with the SEC
Portfolio Advisers LimitedActive
Premium Capital and Stockbrokers Limitedactive
Primewealth Capital Limited Active
Professional Stockbrokers Ltd Inactive – Reclassified to Sub Broker with the SEC
Profund Securities LimitedInactive
Prominent Securities LimitedActive
PSI Securities LimitedActive
Pyramid Securities LimitedActive
Qualinvest Capital Limited (Formerly Independent Securities Limited)Active
Quantum Securities LimitedInactive
Quantum Zenith Securities & Investments LimitedActive
Rainbow Securities LimitedActive
Readings Investment LimitedActive
Redasel Investment LimitedInactive – Reclassified to Sub Broker with the SEC
Regency Assets Management LtdActive
Rencap Securities (Nig) Limited Active
Resano Securities LimitedInactive
Resort Securities LimitedActive
Reward Investment & Service LtdActive
RMB Nigeria Stockbrokers LimitedActive
Rostrum Investment & Sec. Ltd Active
Rowet Capital Mgt Limited Active
Royal Crest Finance LimitedActive
Royal Guaranty & Trust Ltdactive
Royal Trust Securities Limitedactive
Sankore Securities LimitedActive
Santrust Securities LimitedActive
Securities & Capital Management Company Limited (formerly Fountain Securities Limited) Active
SECURITIES AFRICA FINANCIAL LIMITED (Formerly Skye Stockbrokers Limited)Active
Securities Solutions LimitedInactive – Deregistered by the SEC
Security Swaps LimitedActive
Shalom Investment & Securities LimitedActive
Shelong Investment LimitedActive
Sigma Securities LimitedActive
Signet Investment & Securities LtdActive
Skyview Capital LimitedActive
Smadac Securities LimitedActive
Solid Rock Securities & Investment PlcActive
Spring Board Trust & Investment LimitedActive
Spring Trust & Securities LimitedActive
Stanbic IBTC Stockbrokers Limited Active
Standard Alliance Capital & Asset Limited Inactive
Standard Union Securities LtdActive
Stanwal Securities LimitedInactive
Summa Guaranty & Trust Company LtdInactive
Supra Commercial Trust Co. Ltd Inactive
Surport Services LimitedInactive – Reclassified to Sub Broker with the SEC
TFS Securities & Investment Co. LtdActive
The Bridge Securities LimitedActive
Tiddo Securities Limited Active
Tomil TrustLimitedActive
Topmost Sec Ltd Active
Tower Asset Management LimitedInactive – Reclassified to Sub Broker with the SEC
Tower Securities & Invest Co. LtdActive
Trade link Securities LimitedActive
Traders Trust & Investment Co. LimitedActive
Transafrica Financial Services LimitedInactive
Transworld Investment & Securities LimitedActive
Trust Yields Securities LimitedActive
Trustbanc Capital Management Limited (Formerly IMTL Securities Limited)Active
Trusthouse Investment LimitedActive
TRW Stockbrokers LimitedActive
Tyndale Securities Limited (formerlly Truebond Capital & Asset Mgt Ltd)Active
UIDC Securities LimitedActive
UNEX Capital LimitedActive
Union Capital Markets LimitedActive
United Capital Securities Limited (Formerly UBA Securities Limited)Active
Valmon Securities LimitedActive
Valueline Securities & Investments Limited Active
Vetiva Securities Limited Active
Vision Trust & Investment LimitedInactive – Reclassified to Sub Broker with the SEC
Waila Securities and Funds LimitedInactive – Reclassified to Sub Broker with the SEC
WCM Capital LimitedActive
WSTC Securities LimitedActive
Yobe Investment Company Ltd (Yobe)Inactive – Reclassified to Sub Broker with the SEC
Yuderb Investment & Securities LtdInactive – Reclassified to Sub Broker with the SEC
Zion Stockbrokers & Securities LimitedActive

Above is the list of all licensed brokers for the Nigerian Stock Exchange. Some are active and others are inactive. This list may change, please leave a comment below if any the above contact needs to be updated.

How to invest in the Nigerian Stocks Market

May 1, 2019 by  
Filed under Nigeria Stock Exchange

The Nigerian stock exchange can be tough to figure out because it’s not very popular. Only a small percentage of Nigerians are investing in the Nigeria Stock Exchange due to the poor economy and a discouraging stock market performance. Also, most people don’t know where to go or how to get started with investing in the Nigerian Stock Market.

There are two ways to investing in the Nigeria stock exchange

  1. Acquire the stock directly from the primary market at the Nigeria Stock Exchange office when there are new offerings.
  2. Buy from through secondary market from approved broker-dealers.

How to purchase Nigeria Stocks from the primary or secondary market

The buyer must go through a stockbroker/dealer who is a registered member of the Nigeria Stock Exchange (NSE) to open an account for trading.

Central Securities Clearing System PLC (CSCS) is the licensed Central Depository, clearing and settlement of transactions in the Nigerian stock market.

Account requirements

A buyer must fill our Know Your Client (KYC) requirement before he or she could be able to trade Nigeria stocks.  The broker provides KYC forms to the buyer.

Steps to Client Onboarding/KYC

  • Investors must contact the broker
  • Broke will give the client the necessary forms
  • Investors submit the form
  • The broker processes CSCS account opening and advice the investors of account details.
  • Investors can now trade on the NSE (Buying or Selling)

 How to Trade on the Nigeria stock exchange

  • It can be done remotely after the account has bee opened
  • Through a Dealer
  • Traders who wish to trade remotely must send mandate through remote trading platforms provided by the OMS software (Order Management system)
  • Dealer OMS forwards the order to NSE Central Order Book
  • The trade is settled into clients account with the dealer within 3 business days.
  • For orders through the dealer, the broker will send the client’s order through the trading interface to NSE Central order book and the order is filled into the Clients account.

How long does it takes for Nigeria Stock Exchange orders to settle

  1. Investors can place trades through their broker or remotely through their broker Order management systems (OMS)
  2. The investor’s securities are domiciled with an appointed dealer
  3. CSCS nets off securities and cash settlement against the dealer settlement account.
  4. Investors should ensure the account is funded for all purchases

Investment securities could also be purchased Indirectly, meaning Custody Account Structure is allowed.

Nigerian Stock Market frequently Asked Questions

May 1, 2019 by  
Filed under Nigeria Stock Exchange

Amendments to the Pricing Methodology Rule – Frequently Asked Questions
Applicable Taxes for Investors and Issuers on Capital Market Transactions
ASeM – Guide to Listing
Bonds Overview
Delisting – Frequently Asked Questions
Dematerialisation – Trading Safer, Faster, Easier
Eurobond Listing Trading and Settlement Framework
FAQs – Compliance Status Indicators
FAQs – Meristem Growth Index
FAQs – Meristem Value Index
FAQs- Changes to Market Structure
FAQs on Automation of Rights Trading and Settlement
FAQs on Direct Cash Settlement
FAQs on Investors’ Protection Fund
FAQs on Minimum Operating Standards
FAQS ON POST TRADE ALLOCATION
FGN Savings Bond Fact Sheet
FGN Savings Bond FAQs
Fixed Income Market Making Overview
Frequently Asked Questions on CGRS
Frequently Asked Questions on Corporate Governance Index
FREQUENTLY ASKED QUESTIONS ON TECHNICAL SUSPENSION OF SECURITIES
Getting Information about Listed Companies
Market Making Overview
Market Making, Securities Lending and Short Selling – FAQs
MSCI and NSE Partnership – Frequently Asked Questions
NSE Due Diligence Book
NSE Glossary Of Common Derivatives Terms
NSE Lotus Islamic Index (NSE LII) – Frequently Asked Questions
NSE Pension Index
NSE-Afrinvest High Dividend Yield Index – FAQs
NSE-Meristem Index Methodology Book
Overview of Exchange Traded Funds (ETFs)
Overview of Securities Lending and Borrowing
Overview of the NSE Lotus Islamic Index (NSE LII)
Par Value Rule – Frequently Asked Questions
Premium Board- Frequently Asked Questions
Retail Bonds – Frequently Asked Questions
THE NIGERIAN STOCK EXCHANGE SUPERVISION PRIORITIES FOR 2019-2010
The NSE – Gateway to African Market
The NSE Close End Funds
The NSE Market Segmentation – Frequently Asked Questions
The NSE Market Segmentation
The NSE Retail Bond Market Structure
WACMI – FAQs on Phase 1
WACMIC – Frequently Asked Questions
WACMIC Overview
X-Whistle’s FAQs

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