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ISSUERS RULES & REGULATION
The Nigerian Stock Exchange is responsible for providing an efficient and well regulated market place. The Exchange continuously monitors and enforces compliance by issuers with its Listing and Post Listing Requirements to ensure high standards of disclosure, transparency and corporate governance practices. The Exchange places significant emphasis on timeliness, adequacy and accuracy of disclosure. Where there are possible rule breaches, The Exchange will investigate and take appropriate actions.
SEC Approved Rules
Name
Type
Listings Requirements (The Green Book)
Amendments to the Listings Rules
Rules for the Listing of Exchange Traded Funds (ETFs)
Rules Governing the Use of the Issuers’ Portal
Rules Governing Transactions with Related Parties or Interested Persons
Rules Relating to Board Meetings and General Meetings of Issuers
Rules for Listing on the Premium Board
Rules for Listing of Nigerian Depositary Receipts
Compliance Details
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SEC Approved Rules - Post Rulebook Consolidation
Name
Type
Amendments to Issuers Rules - Deletion of Chapter 16 on Block Divestments
Rules for Cross Border Listing
Rules for Delisting of Equity Securities from the Daily Official List of The Exchange
Rules for Listing of Sukuk and Similar Debt Securities
Rules for Listing on the Growth Board of The Nigerian Stock Exchange
Rules for Price Stabilization of Securities
Rules Governing Free Float Requirements
Rules on Filing of Accounts and Treatment of Default Filings
Rules on Release Calendar for Regulatory Announcements and Filings of Listed Companies
Rules on Suspension of Trading in Listed Securities
Sustainability Disclosure Guidelines
Compliance Details
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Proposed Rules
Name
Type
Proposed Rules for Filing of Financial Returns by ASeM Companies and Treatment of Default Filing - December 2016
Proposed Amendments to Premium Board Rules - November 2017
Proposed Rules for Listing of Commercial Papers on the Nigerian Stock Exchange - November 2017
Proposed Amendments to Issuers Rules - November 2017
Proposed-Rules-for-Listing-of-Special-Purpose-Vehicles-SPVs-March 2018
Proposed Amendments to Chapter 8 of the Issuers Rules - Addition of Requirements for Listing of Eurobonds - 31 May 2018
Proposed Rules for Listing of REITs on The Nigerian Stock Exchange - 31 May 2018
Proposed Rules for Listing of Closed End Funds-CEFs-3-October 2018
Proposed Amendments to Issuers Rules Chapters 17 18 19 - April 2 2019
Proposed Amendments to Issuers Rules for Listing of Unit Trusts - Chapters 5and6 -April 2 2019
Proposed Amendments to Chapter 19 Issuers Rules - Exposure for Stakeholders Comments - September 2019
Proposed Amendments to General Undertaking Form -Issuers Rules - March 2020
Proposed Amendments to Issuers Rules - Chapter 17 Closed Period Rules - March 2020
Proposed Amendments to Rules Governing Transactions with Related Parties or Interested Persons - March 2020
Proposed Amendments to NSE Listing Requirements - April 2020
Proposed Rules for Listing of Special Purpose Acquisition Companies (SPACs) - July 2020
Proposed Amendments to the Rules Governing Free Float Requirements - July 2020
Exposure Draft - Proposed Rules for Listing of Special Purpose Acquisition Companies - July 2020
Exposure Draft - Proposed Amendments to the Rules Governing Free Float Requirements - July 2020
Proposed Amendments to Issuers Rules - Rule 20.5 - Related Parties Rules - February 2021
Compliance Details
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