{"id":4796,"date":"2019-08-12T06:46:00","date_gmt":"2019-08-12T06:46:00","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=4796"},"modified":"2019-08-13T06:46:49","modified_gmt":"2019-08-13T05:46:49","slug":"nigerian-stock-exchange-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/nigerian-stock-exchange-all-you-need-to-know\/","title":{"rendered":"Nigerian Stock Exchange: All You Need to Know"},"content":{"rendered":"<p>The Nigerian Stock Exchange (NSE) is the operational and administrative platform of the Nigerian Stock Market. It was established in 1960 and licensed under the Investments and Securities Act (ISA) and is regulated by the Securities and Exchange Commission (SEC) of Nigeria.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4797 \" src=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2015\/03\/Nigerian-Stock-Exchange.jpg\" alt=\"Nigerian Stock Exchange\" width=\"452\" height=\"128\" srcset=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2015\/03\/Nigerian-Stock-Exchange.jpg 354w, https:\/\/nigerianfinder.com\/wp-content\/uploads\/2015\/03\/Nigerian-Stock-Exchange-300x85.jpg 300w\" sizes=\"(max-width: 452px) 100vw, 452px\" \/><\/p>\n<p>Her vision is to be Africa\u2019s foremost securities exchange driven by regulation, efficiency, liquidity and innovation, while her mission is to provide investors and businesses a reliable, efficient and an adaptable exchange hub in Africa, to save and to access capital.<\/p>\n<p>Her major values summarized as TTIP are Transparency, Teamwork, Integrity and Professionalism. Her major function is to offer listing and trading services, license services, market data solutions and ancillary technology services amongst others. It has branches in Lagos, Kaduna, Port Harcourt and Ibadan among others.<\/p>\n<p>The NSE has a Director General but it is administered by a Board of Directors made up of renowned business personalities and headed by a Chairman who is usually an individual of immense business and political stature. The current NSE Chairman is Mr Oscar Onyema.<\/p>\n<h2><strong>Major Companies Listed Under The Nigerian Stock Exchange<\/strong><\/h2>\n<p>7-Up Bottling Comp. Plc.<\/p>\n<p>A.G. Leventis Nigeria Plc.<\/p>\n<p>Access Bank Plc.<\/p>\n<p>Aso Savings And Loans Plc<\/p>\n<p>B.O.C. Gases Plc.<\/p>\n<p>Beco Petroleum Product Plc<\/p>\n<p>Berger Paints Plc<\/p>\n<p>Cadbury Nigeria Plc.<\/p>\n<p>Consolidated Hallmark Insurance Plc<\/p>\n<p>Continental Reinsurance Plc<\/p>\n<p>Dangote Cement Plc<\/p>\n<p>Dangote Flour Mills Plc<\/p>\n<p>Dangote Sugar Refinery Plc<\/p>\n<p>Fcmb Group Plc.<\/p>\n<p>Fidelity Bank Plc<\/p>\n<p>Guaranty Trust Bank Plc.<\/p>\n<p>Guinness NigPlc<\/p>\n<p>Honeywell Flour Mill Plc<\/p>\n<p>Lafarge Africa Plc.<\/p>\n<p>Mobil Oil Nig Plc.<\/p>\n<p>Morison Industries Plc.<\/p>\n<p>Mrs Oil Nigeria Plc.<\/p>\n<p>Nigerian Aviation Handling Company Plc<\/p>\n<p>Nigerian Brew.Plc.<\/p>\n<p>Nigerian Enamelware Plc.<\/p>\n<p>Nigerian Ropes Plc<\/p>\n<p>Nigerian Wire And Cable Plc.<\/p>\n<p>Npf Microfinance Bank Plc<\/p>\n<p>Skye Bank Plc<\/p>\n<p>Skye Shelter Fund Plc<\/p>\n<p>Total Nigeria Plc.<\/p>\n<p>Tourist Company Of Nigeria Plc.<\/p>\n<p>Uba Capital Plc<\/p>\n<p>Unic Insurance Plc.<\/p>\n<p>Unilever Nigeria Plc.<\/p>\n<p>Union Bank Nig.Plc.<\/p>\n<p>Union Diagnostic &amp; Clinical Services Plc<\/p>\n<p>Union Dicon Salt Plc.<\/p>\n<p>Union Homes Real Estate Investment Trust (Reit)<\/p>\n<p>Union Homes Savings And Loans Plc.<\/p>\n<p>United Bank For Africa Plc<\/p>\n<p>Unity Bank Plc<\/p>\n<p>Wema Bank Plc.<\/p>\n<p>Zenith International Bank Plc<\/p>\n<h2><strong>Requirements To Get Listed On The Nigerian Stock Exchange<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>For a company to be listed, she must meet the following requirement:<\/p>\n<ul>\n<li>Pro\ufb01t of at least N300mn for the last 3 years, with a pre-tax pro\ufb01t of at least N100mn in the most recent year. N600 million for the latest 1 or 2yrs<\/li>\n<li>4bn &#8211; option 3 for main board at the time of the initial public offering, based on the issue price and issued share capital.<\/li>\n<li>0 \u2013 3yrs operating track record of company and\/ or core investor.<\/li>\n<li>3 years financials and the date of last audited accounts must not be more than 9 months<\/li>\n<li>Minimum of 20% of share capital must be offered to the public<\/li>\n<li>At least 300 for equity shares<\/li>\n<li>Promoters to retain 50% of shares held at IPO for first 12 months. Submission of quarterly, semi \u2013 annual and annual statements.<\/li>\n<li>All financial accounts are to be prepared following the International Financial Reporting Standard (IFRS)<\/li>\n<\/ul>\n<h2><\/h2>\n<h2><strong> The Nigerian Stock Exchange Contact Details<br \/>\n<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p><strong>Address:<\/strong> The Nigerian Stock Exchange, 2 \u2013 4 Customs Street, Lagos,<\/p>\n<p><strong>website<\/strong>: <a href=\"http:\/\/www.nse.com.ng\" target=\"_blank\" rel=\"noopener\">www.nse.com.ng<\/a><\/p>\n<p><span class=\"st\"><strong>Tel:<\/strong> +234 1 4638333-5; +234 700 225 5673<\/span><\/p>\n<p><strong>Email<\/strong>: <span id=\"DeltaPlaceHolderMain\">contactcenter@nse.com.ng\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Stock Exchange (NSE) is the operational and administrative platform of the Nigerian Stock Market. It was established in &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Nigerian Stock Exchange: All You Need to Know\" class=\"read-more button\" href=\"https:\/\/nigerianfinder.com\/nigerian-stock-exchange-all-you-need-to-know\/#more-4796\" aria-label=\"More on Nigerian Stock Exchange: All You Need to Know\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6w1sx-1fm","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/4796"}],"collection":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/comments?post=4796"}],"version-history":[{"count":1,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/4796\/revisions"}],"predecessor-version":[{"id":286988,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/4796\/revisions\/286988"}],"wp:attachment":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media?parent=4796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/categories?post=4796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/tags?post=4796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}