International Stock Exchange

Nigerian Stock Exchange was founded in the year 1960, the Lagos Stock Exchange with 19 securities listed for trading. Today there are 262 securities listed on the Stock Exchange, composed of 11 government stocks, 49 industrial loan (Debenture / Preference) Stocks and 194 shares / Ordinary Shares of companies.
Nigeria Stock Exchange took its current name in 1977, by then the stock had already branch offices in business centers most important nation. The six branches of the Nigerian Stock Exchange are as follows:

• Lagos was opened in 1961;




• Kaduna, opened in 1978;




• Port Harcourt opened in 1980;




• Kano opened in 1989;




• Onitsha opened its doors in February 1990;




• Ibadan opened in August 1990;




• Abuja opened in October 1999;




• Yola opened in April 2002.

Lagos, however, remained the headquarters of the Nigerian Stock Exchange.
Trade stock market trade, Nigeria is conducted during the week of 11 hours of the morning to 1 o 'clock in the afternoon local time. The goods, which are kept safe while exchanges are corporate bonds, equities and government bonds. Trading of stocks and bonds are made by dealers in large halls, crying aloud or making phone calls each branch has its trading floor. The Nigerian Stock Exchange is now using a automated trading system that makes trading easier, faster and safer.

The Fellowship of Nigeria started with a small capital and the year 1997, capital has increased to a total of 3 billion dollars. Nigerian Stock Exchange has been one of the most successful companies in Nigeria.
The All Share Index (MAI) is the stock index of the Nigerian Stock Exchange Stock, for its calculation uses only common stock (ordinary shares), was developed in 1984.
Its market capitalization was 5.12trillion naira at the end of 2006, compared to the previous year 2.9trillion.
Prices of new issues are determined by issuing houses / stockbrokers, while on the secondary market prices are made by brokers only. market / price quote L ', the All-Share Index, are published daily in the daily exchange official list of securities, the Nigerian Stock Exchange CAPNET (an intranet), the Nigerian Stock Exchange website (www.nigerianstockexchange. com), our page updated inventory, newspapers and on top of electronic trading system of the contributors Reuters.
To encourage foreign investment in Nigeria, the government has abolished legislation preventing the flow of foreign capital in the country. This has allowed foreign brokers to enlist as dealers at the Nigerian Stock Exchange Stock and investors of all nationalities are free to invest. Nigerian companies are also allowed multiple and cross-border listings on foreign markets.
Seeking to reach into the global standard in marketing stocks, stock exchange in Nigeria became a member of the FIVB or "International Federation of Stock." As with the ongoing struggle for fraud and corruption, the confidence of the public in the Nigerian stock market has experienced phenomenal growth, with about three million individual investors and hundreds of institutional investors (including foreigners who own about 47% of listed companies) using the facilities of the Trade Nigeria. the history of 39 years Nigeria Stock Exchange is devoid of any fraud, shocks, scandals or insider trading.
The governing body of the Nigerian Stock Exchange is the Securities and Exchange Commission (SEC).
Clearing, settlement and delivery of transactions to the Nigerian Stock Exchange Stock are made electronic.