YEAR |
PARTICULARS |
1961 |
Trading commences on The Lagos Stock Exchange |
1975 |
The Federal Military Government appointed an Industrial Enterprises Panel which among other things reviewed the implementation of the indigenisation Programme |
1976 |
Inauguration of The Financial System Review Committee |
1977 |
The Lagos Stock Exchange was renamed The Nigerian Stock Exchange |
1978 |
The Exchange opened a trading floor/branch in Kaduna |
1979 |
Opening of the Port Harcourt branch/trading floor |
1984 |
The Nigerian Stock Exchange launches an All-share Index |
1985 |
Second-Tier Securities Market (SSM) was launched |
1986 |
Official opening of new Customs Street, Lagos, trading floor of The Stock Exchange by President Ibrahim Babangida |
1987 |
The Exchange hooks up with the Reuters Electronic Contributor System preparatory to internationalisation |
1989 |
Kano Branch of The Exchange opens |
1990 |
Trading commences at the Onitsha branch of The Exchange |
1990 |
Ibadan branch of The Exchange opened |
1992 |
The All-share Index hits the 1,000 points mark |
1993 |
The Nigerian capital market is deregulated |
1994 |
The Exchange introduces a dress code for Authorised and Unauthorised Clerks |
1994 |
The Stock Exchange Souvenir shop and Visitors' Gallery opened |
1995 |
The Federal Government abrogated the Exchange Control Act 1962 and the Nigerian Enterprises Promotion Decree 1989, effectively internationalizing the Nigerian Capital market |
1995 |
The Federal Government promulgated the Nigerian Investment Promotion Commission Decree No.16 and Foreign Exchange (Monitoring & Miscellaneous) Provisions Decree No.17, in furtherance of the opening of the opening of the Nigerian capital market to the international community |
1995 |
The Nigerian Stock Exchange issued Administrative Guidelines for Foreign Investment through The Nigerian Stock Market |
1995 |
Inauguration of the Board of Trustees of Investors’ Protection Fund for the Nigerian Stock Market |
1996 |
Percentage pricing system introduced (with 5% as the limit of the daily fluctuation band) |
1996 |
The Stock Exchange abolished the T+14 Settlement/Delivery period and introduces a weekly Settlement/Delivery period |
1997 |
The Central Securities Clearing System Limited (CSCS) was commissioned by the Chief of General Staff, Lt. General Oladipo Diya |
1997 |
The Central Securities Clearing System Limited commenced operation, providing automated clearing, settlement, delivery and custodian services, among others |
1998 |
The Nigerian Stock Exchange was elected President of the African Stock Exchanges Association (ASEA) in Cairo, Egypt |
1998 |
Trading floor moved temporarily to the 11th floor, from the 8th floor as the restructuring of the 8th floor trading room for the ATS commences |
1998 |
The NSE released guidelines and procedures for trading Rights |
1998 |
Trading in Rights commenced on The Nigerian Stock Exchange |
1998 |
The NSE signs MoU with Ghana Stock Exchange |
1999 |
The Nigerian Stock Exchange transited from the Open Outcry System to the Automated Trading System (ATS) |
1999 |
The President, Chief Olusegun Obasanjo, represented by the Finance Minister, Mallam Adamu Ciroma, commissioned the ATS |
1999 |
Federal Government promulgates the Investments & Securities Decree No. 45, 1999 |
1999 |
The NSE signs MoU with JSE Securities Exchange of South Africa (now JSE Ltd.) |
1999 |
The Exchange opens Abuja office and commences remote trading on the ATS (On-Line Real Time with Lagos) |
1999 |
The Nigerian Stock Exchange admitted M-Net/Supersports to its Daily Official List in its First Cross-border Listing. M-Net/Supersports has primary listing on the Johannesburg Stock Exchange |
2000 |
The Exchange gets its 1st Female DG/CEO, Dr. Mrs Ndi Okereke-Onyiuke, OON |
2000 |
The NSE signs MoU with Nairobi Stock Exchange |
2000 |
The Nigerian Stock Exchange commences T+3 settlement cycle |
2000 |
The Trade Guarantee Fund commenced operation |
2000 |
The NSE hosts African Stock Exchanges Association (ASEA) Annual Conference/AGM |
2000 |
Kano Trading floor begins remote trading on line real time with Lagos |
2000 |
The NSE National Annual Essay competition begins |
2000 |
The NSE's All-Share Index crosses the 10,000 points mark |
2000 |
NSE sign MoU with International Stock Exchange of London and Egyptian Stock Exchange |
2001 |
Port Harcourt Branch begins remote trading on line, real time with Lagos, Abuja, Kano etc. |
2002 |
Opening of Yola Branch & Commissioning of its Electronic/ Automated floor |
2002 |
NSE Launches e-Business Platform / Internet Portal: The First in Africa |
2003 |
The Exchange changed trading hours to 10:00 a.m. - 12:00 noon |
2004 |
The Exchange admits N150bn 1st Federal Government Bond to the Official List |
2004 |
The Central Bank of Nigeria announced new minimum shareholders’ funds for banks, eliciting consolidation in the banking industry |
2004 |
The Exchange admitted the first quoted company in the Hotel & Tourism |
2005 |
Opening of Benin Branch & Commissioning of its Electronic/ Automated Trading floor |
2005 |
Official Launch of NSE/CSCS Trade Alert |
2005 |
Official Launch of NSE/CSCS Digital Storage and Retrieval System |
2005 |
The Exchange created a new equity subsector – “Maritime” – and listed Japaul Oil and Maritime Services as the first company in the subsector |
2005 |
Oando Plc was granted dual listing on the JSE Securities Exchange of South Africa |
2006 |
Kaduna Trading Floor begins remote trading On -Line Real Time with Lagos |
2006 |
The Exchange created a new equity subsector – “Mortgage Companies” – and listed Union Homes Savings and Loans Plc. as the first company in the sector |
2006 |
The Exchange revived the Foreign Listings Subsector with the listing of Ecobank Transnational Incorporated |
2006 |
Ibadan Trading Floor begins remote trading on-Line Real Time with Lagos |
2007 |
The Exchange opened Uyo Branch |
2007 |
The Exchange increased the total trading hours to three from 9:30am to 12:30pm |
2007 |
The first re-insurance company Continental Reinsurance Plc. was admitted on the Daily Official List |
2007 |
Celebration of N1 Trillion Transaction Value and 51 per cent All-Share Index |
2007 |
The redesigned cosmopolitan Trading Floor in Lagos was commissioned by His Excellency, President Umaru Yar’Adua, GCFR – Head of States and Commander in Chief of the Armed Forces of Nigeria |
2008 |
Diamond 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 |
2008 |
The Exchange commissioned the Ilorin Branch and the electronic Trading Floor |
2008 |
The Exchange commissioned the new Onitsha Branch and the electronic Trading Floor |
2008 |
The first Real Estate Investment Trust (REITs) was admitted on the Daily Official List of The Exchange |
2008 |
The first Telecommunications Company – Starcomms Plc. was admitted on the Daily Official List of The Exchange |
2008 |
The Exchange commissioned the Abeokuta Branch and the electronic Trading Floor |
2009 |
The Nigerian Stock Exchange began publishing daily values of the sectorial indices and NSE 30 Index. Figures are available as far back as July 2008 |
2009 |
The Exchange commissioned the Owerri Branch and the electronic Trading Floor |
2009 |
The Exchange commissioned the Bauchi Branch and the electronic Trading Floor |
2010 |
Securities and Exchange Commission (SEC) intervened in the management of the Exchange, which led to the early exit of the Director General |
2010 |
The first Microfinance bank NPF Microfinance Bank Plc. was admitted into the Daily Official List |
2010 |
The Exchange increased the trading period by 2 hours from 9:30am to 2:30pm |
2011 |
Oscar Onyema resumes as Chief Executive Officer of The Nigerian Stock Exchange |
2011 |
The Nigerian Stock Exchange market segmentation which reduced the sectors on the Exchange from 32 to 12 became operational |