Welcome to The Nigerian Stock Exchange Website, www.nse.com.ng, hereinafter referred to as "Website/Website" (which expression shall where the context so admits, include its, successors–in-title and assigns).
By using this Website, you are acknowledging and agreeing to comply with and be bound by the following terms and conditions of use governing The Exchange's relationship with you in relation to this Website. These Terms and Conditions are for an indefinite term and legally binding, so please read them through carefully before accessing this Website. The onus is on you to access these Terms and Conditions, as well as any amendments made thereto. If you are not agreeable to these Terms and Conditions, you may not access this Website.
These Terms and Conditions are specific and apply to your use of this Website. Any changes to these Terms and Conditions will be updated on this Website and will be displayed when you access it.
Wherever the following words and phrases appear in these Terms and Conditions they will always have the following meanings:
3. EligibilityTo use this Website, you must:
You hereby confirm that in consideration of The Exchange providing you access to the Website, you have read, understood and agreed to be bound by these Terms and Conditions each time you access this Website.
4. Registrations and Confirmation
By registering for the Services provided through this Website you agree to pay any fees that are due in respect of any such Service that you use. Where any Service for which you register on or through this Website is provided by or with a service provider, agent or partner of The Exchange, you agree that you will observe any additional terms and conditions associated with the part of the service provided by them.
By registering on this Website, you warrant to The Exchange that all the information provided by you are true, complete and accurate in all respects. The Exchange will take all information supplied via this Website at face value and shall not be responsible for any inaccurate, untrue or false information or any information supplied under false pretences.
5. Application for and Use of the Website
6. Your Responsibilities
7. Liabilities and Exclusion of Liabilities
8. Security and Confidentiality
a. You understand and agree that you are responsible for maintaining the confidentiality of your User ID and password. You agree and undertake that:
i. You will not disclose your User ID and password to any other person (as a precaution, The Exchange recommends changing your login credentials periodically);
ii. You will notify The Exchange immediately if you suspect that either your User ID and/or password have been lost or stolen or that any other person has obtained access to your registration details. Where you disclose (whether intentionally or unintentionally or to the extent permitted by law) either your User ID and/or password to any other person, The Exchange disclaims all liability (including liability for negligence) for any loss or damage that you or any third party may suffer arising from or in connection with such disclosure or access to or use of these, and you agree and undertake to indemnify The Exchange against any and all liability, costs, or damages arising out of claims or suits by third person(s) based on or relating to such access to or use of your User ID and/or password.
iii. You will log out of your browser at the end of each of your sessions on the Website.
iv. You shall solely be responsible for any activities that take place through your User ID or password.
v. Since email communications are not necessarily secure and there is always a risk that such messages may be intercepted or tampered with by registering for and using this Website, you acknowledge that these risks exist and that confidentiality cannot always be assured.
vi. Except where The Exchange has been fraudulent, The Exchange does not have any responsibility and shall not be liable for any interception, redirection, corruption, copying, reading, tampering or loss of confidentiality which may take place either once an email message has been sent by The Exchange or prior to an email message being received by The Exchange; or for any losses, claims, damages or expenses which may be suffered or incurred by you as a result of any such interception, redirection, corruption, copying, reading, tampering or loss of confidentiality.
vii. Notwithstanding that The Exchange takes reasonable care to ensure that electronic communications generated by it are free of viruses or other corruption of data, you shall before opening or using any documents or attachments check them for viruses and defects.
viii. If a communication from you is found to contain a virus, The Exchange shall not be obliged to receive or act upon such communication.
ix. The Exchange is not responsible in any way for direct, indirect, special or consequential damages arising out of or in connection with your use of this Website.
x. Since by the nature of the Internet, transactions may be subject to interruption, transmission blackout, delayed transmission and incorrect data transmission. As such, The Exchange is not liable in any way for such interruption, transmission blackout, delayed transmission and incorrect data transmission, loss of data or for malfunctions of any information systems or communications facilities not under its control that may affect the accuracy or timeliness of transactions.
b. The Exchange shall be entitled to disclose your User ID and password to any third party if required to do so by any law, regulation or court order.
c. In no circumstances shall The Exchange be liable to you in any way whatsoever for any loss, damage, costs and expense incurred by you as a result of, arising out of or in connection with, whether directly or indirectly, the wrongful or fraudulent use of your User ID or password.
d. You shall have no rights, title, interests over your User ID or password. The Exchange or its relevant third party providers shall be entitled (in its sole discretion and without assigning any reason) to terminate the use of the same at any time whatsoever. Upon such termination, you shall no longer be entitled to use or access your User ID or password. The Exchange shall not be liable to you or any third party for any termination, deactivation or deletion of your User ID or password.
e. The Exchange does not represent or warrant that this Website will always be available or meet your requirements, that access will not be interrupted, that there will be no delays, failures, inaccuracies, typographical or other errors or omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system.
f. You have sole responsibility for adequate protection and back up of your data and/or equipment and for undertaking reasonable and appropriate precautions to scan for computer viruses or of other destructive properties.
g. The Exchange makes no representations or warranties regarding the accuracy, timeliness functionality or performance of any software that may be used in connection with this Website.
h. To the full extent permitted by law, The Exchange excludes all liability that may arise in respect of all the software that is used in connection with this Website. Please note that this Website may have capacity limitations if there are too many users accessing it concurrently.
i. The Exchange reserves the right to restrict access when security risks are detected.
9. Third Party Websites
10. Changes and Operation of the Website
You agree to indemnify and hold harmless The Exchange and its officers, agents, and employees from and against any and all claims, demands, costs, damages and or penalties arising out of any failure by you or any agent acting on your behalf to fully observe these Terms and Conditions or by reason of any use by you or such agent of any information or images provided on this Website.
13. Intellectual Property Rights
e. All trademarks, service marks, logos and any other marks whatsoever are used for the benefit of their respective owners and are not intended to infringe the trademark of any such person.
f. The Exchange or any of its relevant third party providers (as an intended third party beneficiary) may enforce its rights against you.
Each of the provisions of these Terms and Conditions is severable and distinct from the others. If at any time one or more of such provisions is or becomes illegal, invalid or unenforceable in any respect under the laws of any jurisdiction, the legality, validity or enforceability of the remaining provisions shall not be affected in any way.
15. Third party advertising
The Exchange allows third parties to place advertisements on the Website. Third party advertisements are clearly labelled as such and may be chargeable. The Exchange does not endorse and is not responsible for the content of any third party advertisement on this Website or otherwise.
16. Access to this Website
ACCESS TO THIS WEBSITE OR ANY PART OF IT MAY BE RESTRICTED UNDER SECURITIES LAWS IN CERTAIN JURISDICTIONS. BY YOUR USE OF THIS WEBSITE, YOU CONFIRM CERTAIN MATTERS (INCLUDING THAT YOU ARE NOT RESIDENT IN SUCH A JURISDICTION), BEFORE YOU MAY OBTAIN ACCESS TO THE INFORMATION ON THIS WEBSITE OR ANY AREA OF THE WEBSITE. THESE MATERIALS ARE NOT DIRECTED AT OR TO BE ACCESSED BY PERSONS RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION OR WOULD RESULT IN A REQUIREMENT TO COMPLY WITH CONSENT OR OTHER FORMALITY.
As a consequence of legal restrictions, the release, publication or distribution of information contained on this website in certain jurisdictions or to certain persons may be restricted or unlawful. All persons resident or located outside the Federal Republic of Nigeria who wish to view this website must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so and should inform themselves of, and observe, any applicable legal or regulatory requirements applicable in their jurisdiction. If you are resident or located in a country that renders the accessing of this website or any part or parts thereof illegal, whether or not subject to making certain notifications or taking other action, you should not view this area of the website or such illegal part or parts of the Website.
It is your responsibility to satisfy yourself as to the full observance of any relevant laws and regulatory requirements. If you are in any doubt, you should not continue to seek to access this Website or area of the Website.
You should not forward, transmit or show the announcements, information or documents contained in this Website to any person (other than your professional advisers). In particular, you should not forward or transmit the announcements, information or documents contained therein to any jurisdiction where it would be unlawful to do so.