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June 5, 1961
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Trading commenced on The Lagos Stock Exchange
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November 17, 1975
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The Federal Military Government appointed an
Industrial Enterprises Panel which among other things reviewed the
implementation of the Indigenisation Programme
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April 5, 1976
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Inauguration of The Financial System Review Committee
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December, 1977
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The Lagos Stock Exchange renamed The Nigerian Stock
Exchange
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June 1, 1978
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The Exchange opens a trading floor/branch in Kaduna
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April 30, 1979
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Opening of the Port
Harcourt branch/trading floor
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November 17, 1986
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Official opening of new Customs Street, Lagos,
trading floor of The Stock Exchange by President Ibrahim
Babangida.
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January 3, 1984
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The Nigerian Stock Exchange launched an All-Share
Index
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April 30, 1985
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The Second-Tier Securities Market (SSM) was launched.
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June 2, 1987
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The Exchange hooks up with the Reuters Electronic
Contributor System preparatory to internationlisation.
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May 22, 1989
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Kano branch of The Exchange
opened.
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February 2, 1990
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Trading commenced at the Onitsha branch
of The Exchange.
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August, 1990
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Ibadan branch of The Exchange opened
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September 21, 1992
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The All-Share Index reaches the 1000 mark
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January 27, 1993
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The Nigerian capital market was deregulated.
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November 16, 1994
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The Exchange introduced a dress code for Authorised Clerks and Unauthorised
Clerks
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November 16, 1994
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The Stock Exchange Gift Shop and Visitors’
Gallery open
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January 15, 1995
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The Federal Government abrogated the Exchange Control
Act 1962 and the Nigerian Enterprises Promotion Decree 1989, effectively internationalising the Nigerian capital market.
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July 21, 1995
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The Federal Government promulgated the Nigerian
Investment Promotion Commission Decree No. 16 and the Foreign Exchange
(Monitoring & Miscellaneous Provisions Decree No. 17, in furtherance of
the opening of the Nigerian capital market to the international community.
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September 8, 1995
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The Nigerian Stock Exchange issued Administrative
Guidelines for Foreign Investment Through The
Nigerian Stock Market.
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November, 1995
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Inauguration of the Board of Trustees of the
Investors’ Protection Fund for the Nigerian Stock Market
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May 2, 1996
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Percentage pricing system introduced (with 5% as the
limit of the daily fluctuation band)
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July 15, 1996
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The Stock Exchange abolished the T+14 Settlement/Delivery period and
introduces a weekly Settlement/Delivery period.
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October 30, 1996
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The Nigerian Stock Exchange elected President of the African Stock Exchanges
Association (ASEA) in Cairo, Egypt.
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April 8, 1997
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The Central Securities Clearing System Limited was commissioned by the
Chief of General Staff, Lt. General Oladipo Diya.
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April 14, 1997
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The Central Securities Clearing System Limited
Commenced operation, providing automated clearing, settlement, delivery and
custodian services, among others.
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March 30, 1998
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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.
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2nd June, 1998
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The NSE released guidelines and procedures for
trading in rights.
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July 13, 1998
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Trading in rights commenced on The Nigerian Stock
Exchange.
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April 27, 1999
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The Nigerian Stock Exchange transits to the Automated
Trading System (ATS).
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August 5, 1999
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The President, Chief Olusegun
Obasanjo, represented by the Finance Minister, Malam Adamu Ciroma, commissioned the ATS.
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May 26, 1999.
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Federal Government promulgates the Investments &
Securities Decree No. 45, 1999.
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October 14, 1999
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The Exchange opens Abuja Area Office and commenced
remote trading on the ATS
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November 19, 1999
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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 Johannesbug
Stock Exchange.
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March 1, 2000
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The Nigerian Stock Exchange commenced T+3 settlement
cycle.
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March 1, 2000
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The Trade Guarantee Fund commenced operation.
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October 25-28, 2000
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The Nigerian Stock Exchange hosted the ASEA
Conference/AGM.
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September 1, 2003
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The Exchange changed trading hours to 10 a.m. - 12
noon.
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February 19, 2004
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The Exchange admitted the N150bn 1st Federal
Government Bond to the Official List.
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July 6, 2004
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The Central Bank of Nigeria announced a new minimum
shareholders’ fund for banks, eliciting consolidation in the banking
industry.
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September 6, 2004
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The Exchange admitted the first quoted company in the Hotel
& Tourism Subsector - Tourist Company of
Nigeria Plc.
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April 13, 2002
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The Exchange opened the Yola
Branch.
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January 27, 2005
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The Exchange opened Benin Office.
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March 24, 2005
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The Exchange launched The NSE/CSCS Trade Alert.
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August 10, 2005
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The Exchange created a new equity subsector
- “Maritime” - and listed Japaul Oil
and Maritime Services as the first company in the subsector.
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March 24, 2005
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The Exchange in collaboration with CSCS,
launched the Trade Alert Scheme.
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November 25, 2005
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Oando Plc was
granted dual listing on the JSE Securities Exchange of South Africa.
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February 15, 2006
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The Exchange Commissioned the Electronic Trading
Floor of the Kaduna
Branch.
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April 24, 2006
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The Exchange created a new equity subsector:-
“Mortgage Companies” - and listed Union Homes Savings
and Loans Plc as the First Company in the subsector.
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September 11, 2006
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The Exchange revived the Foreign Listings
Subsector with the listing of Ecobank
Transnational Incorporated.
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May 26, 2007
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The Exchange opened the Uyo Branch.
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May 28, 2007
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The Exchange increased the total trading
hours to three from 9.30a.m to 12.30a.m
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May 30, 2007
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The first re-insurance company
Continental Reinsurance Plc was admitted on the Daily Official List.
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July 23, 2007
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Cumulative annual turnover exceeds the
trillion-naira mark.
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November 8, 2007
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The redesigned cosmopolitan Trading Floor
in Lagos
was commissioned by President Umaru Musa Yar’Adua, GCFR -
Head of States and Commander in Chief of the Nigerian Armed Forces
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January 9, 2008
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Diamond Bank Plc became the first
Nigerian company to be listed on the London Stock Exchange with the
admission f its GDR on the Professional Securities Market
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January 14, 2008
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The Exchange commissioned the Ilorin Branch and the electronic Trading Floor
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February 15, 2008
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The Exchange commissioned the new Onitsha Branch Office and the electronic Trading Floor.
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February 26, 2008
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The Exchange admitted on the Daily
Official List the first Real Estate Investment Trust (REITs)
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July 14, 2008
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The first Telecommunications Company - Starcomms Plc was admitted on the Daily Official List
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