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Extablished in 1960 as Lagos Stock Exchange, the name was changed to Nigerian Stock Exchange in 1977. Operations began officially on August 25, 1961 with 19 securities listed for trading but informal operations had commenced earlier in June, 1961. Operations were initially conducted inside the Central Bank building with the exchange having four firms as market dealers: Inlaks, John Holt, C.T. Bowring and ICON (Investment Company of Nigeria).

Stocks, bonds and funds are traded on NGSE.


Website: www.nse.com.ng

Market Regulator: Securities and Exchange Commission Nigeria (SEC)

Founded: 1960

Currency: Naira (NGN)

Clearing and Settlement: T+3

Trading session hours: 9:30 - 14:30 (GMT+1)

Main Index: NGSE All Share Index


SME compartment: Alternative Securities Market (ASeM)


Tax Rates: 10% tax on interest, 10% tax on dividends, 0% tax on capital gains.


Member of:

  • African Securities Exchange Association (ASEA)
  • West African Capital Markets Integration Council (WACMIC)
  • World Federation of Exchanges (WFE)
  • Sustainable Stock Exchanges Initiative (SSE)
  • International Organization of Securities Commissions (IOSCO)


Annual Reports:

2010, 2011, 2012, 20132014, 2015

Sustainability Reports: 2015



Stock Exchange House - 2-4 Customs Street - Lagos, Nigeria
Phone: +234 1 4638333-5 / +234 700 225 5673
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


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