Nigeria

Since its demutualisation in March 2021, the Nigerian exchange has targeted a digital transformation agenda and growth of exchange-traded derivatives, securities lending and green finance markets

NG Clearing gears up for its launch this week as West Africa’s first CCP, with live trades to be cleared before early January

NGX’ securities lending market value rises to N513 million (US$34 million) with an uptick in stakeholders’ participation, according to its latest report

In its most recent securities lending market report (published weekly), the Nigeran Stock Exchange details the eye-popping scale of the growth in securities lending volumes so far this year

FMDQ Clear has become Nigeria’s key central counterparty following the approval-in-principle given to it by the Securities and Exchange Commission

NSE offers 20.78 million shares for lending

The Central Bank of Nigeria (CBN) has released guidelines on foreign participation in securities lending. A letter from the bank addressed to all authorised dealers, custodians...

The Chartered Institute of Stockbrokers (CIS) will send some of its members from Nigeria to the UK for training on securities lending, in preparation for the opening of the Nigerian Stock Exchange...