NIGERIA: SEC Approves NGX Technology Board Listing Rules

Wednesday December 21 2022

On 16^th December 2022, Nigerian Exchange Limited (NGX) announced that the Securities and Exchange Commission (SEC) approved the Rules for Listing on NGX Technology Board on 15^th December 2022.

The NGX Technology Board is a specialised platform for technology-based companies to list and raise capital on The Exchange. Through the Board, NGX aims to encourage investments in indigenous technologically inclined companies and others across Africa, provide greater visibility to these companies and ultimately deepen the Nigerian capital market. Securities listed on NGX Technology Board will be accessible to qualified institutional investors, retail investors, and high-net-worth investors.

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