​ ​Innovation Driven Market

Date​Activity Description
15-Sep-60 The Nigerian Stock Exchange was founded
5-Jun-61Trading commenced on The Nigerian Stock Exchange
17-Nov-75The Federal Military Government appointed an Industrial Enterprises Panel which among other things reviewed the implementation of the Indigenization Programme
5-Apr-76Inauguration of The Financial System Review Committee
Dec, 1977The Lagos Stock Exchange renamed The Nigerian Stock Exchange
1-Jun-78The Exchange opens a trading floor/branch in Kaduna
30-Apr-79Opening of the Port Harcourt branch/trading floor
3-Jan-84The Nigerian Stock Exchange launched an All-Share Index
30-Apr-85The Second-Tier Securities Market (SSM) was launched.
17-Nov-86Official opening of new Customs Street, Lagos, trading floor of The Stock Exchange by President Ibrahim Babangida.
2-Jun-87The Exchange hooks up with the Reuters Electronic Contributor System preparatory to internationalization.
22-May-89Kano branch of The Exchange opened.
2-Feb-90Trading commenced at the Onitsha branch of The Exchange.
Aug-1990Ibadan branch of The Exchange opened
21-Sep-92The All-Share Index reaches the 1000 mark
27-Jan-93The Nigerian capital market was deregulated.
15-Jan-95The Federal Government abrogated the Exchange Control Act 1962 and the Nigerian Enterprises Promotion Decree 1989, effectively internationalizing the Nigerian capital market.
21-Jul-95The Federal Government promulgated the Nigerian Investment Promotion Commission Decree No. 16 and the Foreign Exchange (Monitoring & Miscellaneous Provisions Decree No. 17, in furtherance of the opening of the Nigerian capital market to the international community.
8-Sep-95The Nigerian Stock Exchange issued Administrative Guidelines for Foreign Investment Through The Nigerian Stock Market.
Nov-​1995Inauguration of the Board of Trustees of the Investors' Protection Fund for the Nigerian Stock Market
2-May-96Percentage pricing system introduced (with 5% as the limit of the daily fluctuation band)
15-Jul-96The Stock Exchange abolished the T+14 Settlement/Delivery period and introduces a weekly Settlement/Delivery period.
30-Oct-96The Nigerian Stock Exchange elected President of the African Stock Exchanges Association (ASEA) in Cairo, Egypt.
8-Apr-97The Central Securities Clearing System Limited was commissioned by the Chief of General Staff, Lt. General Oladipo Diya.
14-Apr-97The Central Securities Clearing System Limited Commenced operation, providing automated clearing, settlement, delivery and custodian services, among others.
2-Jun-98NSE released guidelines and procedures for trading in rights.
13-Jul-98Trading in rights commenced on The Nigerian Stock Exchange.
27-Apr-99The Nigerian Stock Exchange transits to the Automated Trading System (ATS).
26-May-99Federal Government promulgates the Investments & Securities Decree No. 45, 1999.
5-Aug-99The President, Chief Olusegun Obasanjo, represented by the Finance Minister, Malam Adamu Ciroma, commissioned the ATS.
14-Oct-99The Exchange opens Abuja Area  Office and commenced remote trading on the ATS
1-Mar-00The Nigerian Stock Exchange commenced T+3 settlement cycle.
1-Mar-00The Trade Guarantee Fund commenced operation.
October 25-28, 2000The Nigerian Stock Exchange hosted the ASEA Conference/AGM.
1-Sep-03The Exchange changed trading hours from 10 a.m. to 12 noon.
19-Feb-04The Exchange admitted the N150bn 1st Federal Government Bond to the Official List.
6-Sep-04The Exchange admitted the first quoted company in the Hotel & Tourism Subsector - Tourist Company of Nigeria Plc.
24-Mar-05The Exchange in collaboration with CSCS, launched the Trade Alert Scheme.
10-Aug-05The Exchange created a new equity subsector - "Maritime" - and listed Japaul Oil and Maritime Services as the first company in the subsector.
24-Apr-06The Exchange created a new equity subsector: - "Mortgage Companies" - and listed Union Homes Savings and Loans Plc as the First Company in the subsector.
11-Sep-06The Exchange revived the Foreign Listings Subsector with the listing of Ecobank Transnational Incorporated.
28-May-07The Exchange increased the total trading hours to three from 9.30a.m to 12.30a.m
30-May-07The First Re-Insurance Company, Continental Reinsurance Plc was admitted on the Daily Official List.
23-Jul-07Cumulative annual turnover exceeds the trillion-naira mark.
8-Nov-07The Redesigned Cosmopolitan Trading Floor in Lagos was commissioned by President Umaru Musa Yar'Adua, GCFR - Head of States and Commander in Chief of the Nigerian Armed Forces
9-Jan-08Diamond Bank Plc became the first Nigerian company to be listed on the London Stock Exchange with the admission of its GDR on the Professional Securities Market
15-Feb-08The Exchange commissioned the Onitsha Branch Office and electronic Trading Floor.
26-Feb-08The Exchange admitted on the Daily Official List the first Real Estate Investment Trust (REITs)
3-Feb-09NSE began publishing daily values of the Sectoral Indices and NSE 30 Index. Figures are available as far back as July 2008.
3-Aug-10Securities and Exchange Commission (SEC) intervened in the management of the Exchange, which led to the exit of the Director General.
1-Dec-10The first Microfinance bank NPF Microfinance Bank Plc was admitted into the Daily Official List.
6-Dec-10The Exchange increased the trading hours by 2hours from 9.30am to 2.30pm
4-Apr-11The Substantive Chief Executive Officer, Mr. Oscar Onyema resumed at The Exchange
1-Nov-11The Nigerian Stock Exchange market segmentation which reduced the sectors on the Exchange from 32 to 12 became operational
12-Dec-11The First Exchange Traded Fund (ETF) Product-NewGold ETFs was admitted on the Daily Official List of The Exchange
20-Feb-12The Nigerian Stock Exchange Launched the new website: www.nse.com.ng
24-Apr-12The Nigerian Stock Exchange (NSE) signed on NASDAQ OMX to provision a new Trading Platform for The Exchange
30-Jul-12The Nigerian Stock Exchange launched Lotus Islamic Index
18-Sep-12The Nigerian Stock Exchange Commenced Market Making Program
30-Nov-12NSE Introduced X-Value
1-Feb-13NSE Commenced Retail Bonds trading
26-Mar-13NSE Launched the First ever Issuers' Portal in the Nigerian Capital Market also known as X-Issuer
23-Apr-13The Alternative Securities Market (ASeM) Board of The Nigerian Stock Exchange was Rebranded & Launched
30-Sep-13NSE launched a new Trading Platform X-Gen
31-Oct-13NSE joined the  United Nations Sustainable Stock Exchanges Initiative
24-Mar-14NSE launched X-Whistle ( A whistle blowing portal)
17-May-14Held the Maiden Edition of the NSE Corporate Challenge
9-Oct-14NSE Received Africa Investor (Ai) Investment and Business Leader Awards for Best Initiative in Support of SMEs and the Millennium Development Goals
28-Oct-14 NSE got admitted as a Full Member of World Fe deration of Exchanges
3-Nov-14NSE Launched Corporate Governance Rating System (CGRS)
25-Jul-15NSE was named the African Regulator of The Year 2015, by the African Leadership Magazine at its 6th African Business Leaders hip Forum & Awards  in UK
4 -Aug-15Named the Financial Institution of The Year, 2015 by The Oil & Gas Year (TOGY) Nigeria
8-Aug-15Received the 2015 Award for Promoting Best Practice Reporting and Corporate Disclosure from the Lagos Chamber of Commerce & Industry.
25-Aug-15NSE launched a new listing platform - the Premium Board and the associated Premium Board Index
28-Aug-15NSE Achieved ISO 27001:2013 Certification


The Rulebook of The Nigerian Stock Exchange, 2015 (the "Rulebook"), a compilation of all the Rules, Regulations, and Guidelines ("Rules") of The Exchange, was issued as one document.
18-Oct-16Organized First Market Data Workshop
24-Oct-16Vetiva Lists First Bond ETF on NSE
10- Feb-17First Non-Interest Bank -Jaiz Bank, Lists on the NSE
2-Mar-17 NSE admitted Nigeria's First FX denominated bonds
30 -Mar-17 Members Approved NSE Demutualization Process
5 -May-17 NSE Automates Rights Trading and Settlement
24 -May-17NSE Hosts Maiden REITs Conference
2 -Jun-17 NSE Launches X-Academy
18-Oct-17NSE Commissioned the Maisandari Alamderi Model Nursery and Primary School, which was donated to the Borno State Government towards advancement of education in the state, while alleviating the plight of internally displaced persons.
22-Feb-18NSE, CBi held a certification ceremony for 35 companies and 437 directors that made it over the 70% threshold for the Corporate Governance Rating System (CGRS) process
10-Apr-18DMO Lists N100bn FGN Ijarah Sukuk on the NSE
16-Apr-18NSE Migrated Access Bank, Lafarge, Se​plat and UBA to Premium Board
1-May-18NSE received the 2018 Award for "CSR in Education" from Lagos Chamber of Commerce & Industry (LCCI)
​20-Jul-18​DMO listed Nigeria's and Africa’s first Sovereign Green Bond on the Exchange
09-Oct-19​NSE, LuxSE Signed​ MoU to Expand the Green Bond Markets
​29-Jan-20​NSE Launches Growth Board