Listing Your Company Listing Your Company

Listing Your Company

Are you looking for a reliable, efficient and adaptable exchange hub in Africa, with global standards to list your company? Simply list your shares on The Nigerian Stock Exchange and get access to domestic as well as international sources of capital.

Achieve greater visibility and enhanced brand recognition.

Access to growth-enabling capital from a broad investor base. 

Go public and become a listed member of the NSE All-Share Index

Enhanced incentives to improve culture & workforce loyalty

With its experience and technology capabilities, NSE is well-positioned to serve domestic and international companies (mid-cap companies to established businesses) seeking to fund an expansion strategy. NSE is committed to partnering with its listed companies before, during and after listing to deliver benefits.

We have made the processes involving listing on the NSE more efficient and cost-effective by streamlining the approval process between the SEC and the NSE. See

FAQs on Streamlining Listing Process

Wherever you are in your growth phase, whatever the funding needs, there’s an available market! The Nigerian Stock Exchange (NSE) lists companies on: Premium Board, Main Board and Growth Board, which are governed by the NSE listing rules. The board your company lists on depends on its size, scope and growth stage.

PREMIUM BOARD

The Premium Board is for an elite group of issuers that meet stringent corporate governance, capitalisation and liquidity criteria and provides them with unparalleled visibility to the global investor community.

MAIN BOARD

The Main Board consists of our larger companies. Admittance to this board is based on profitability or market capitalization criteria.

GROWTH BOARD

The Growth Board aims to encourage companies with high growth potential to seize the opportunity of raising long term capital and promote liquidity in the trading of their shares.

LISTING REQUIREMENTS

The requirements relate to factors such as spread of ownership, the number of shareholders, market capitalisation, operating and financial records.

Listing Fees

The table below presents The Nigerian Stock Exchange's basic listing fees structure.

Product/Transaction Type		Charges/Basis of Computation
Application Fees	Bond	Companies already having equity listing @ 0% Companies not having equity listing @ 0.0375% State & supranational bonds: 0.05%
	Equity* & Exchange Traded Fund	0.25% of the offer size
	Memorandum Listing	0.25% of offer size
	Growth Board (Entry Segment)	N250,000 Flat
	Growth Board (Standard Segment)	0.1% of the offer size
Listing Fees	Premium and Main Boards	Capitalization per market capitalization metrics table/schedule (MARKET CAPITALISATION METRICS)
	Growth Board (Entry Segment)	N200,000 flat
	Growth Board (Standard Segment)	Same as Main Board
Delisting Fee		0.3% of market capitalization of minority shareholders computed based on the price paid to minority shareholders
Block Divestment		0.5% of transaction size

*(Excluding Listing by Introduction)

Thinking of listing your company?

We are happy to help - talk to us about your options

Primary Market Department

The Nigerian Stock Exchange
Customs Street, Lagos
Tel: +234-1-4489363, +234-1-4489373
Call Center: 0700CALLNSE (07002255673)
Email: listingsales@nse.com.ng