{"id":32846,"date":"2021-08-24T18:38:59","date_gmt":"2021-08-24T17:38:59","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=32846"},"modified":"2021-10-07T00:43:39","modified_gmt":"2021-10-07T00:43:39","slug":"stock-exchange-celebrates-60-years-of-enabling-nigerian-economy","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/stock-exchange-celebrates-60-years-of-enabling-nigerian-economy\/","title":{"rendered":"Stock exchange celebrates 60 Years of enabling Nigerian economy"},"content":{"rendered":"<p>The Nigerian Exchange Group (NGX Group) Plc on Tuesday celebrated 60 years of enabling Africa\u2019s largest economy as a leading integrated market infrastructure group in Africa.<br \/>\nThe NGX Group Chairman, Otunba Abimbola Ogunbanjo, said in a statement in Lagos said that  commemorating the Diamond jubilee milestone, paid tributes to the original subscribers of the articles of association.<br \/>\nHe named them as; R.S.V. Scott, representing C.T. Bowring and Co. Nigeria Ltd.; Chief Theophilus Adebayo Doherty; Sir Odumegwu Ojukwu; Mr Akintola Williams and Alhaji Shehu Bukar, John Holt Ltd and Investment Company of Nig. Ltd., (ICON).<br \/>\nHe stated: \u201cWe celebrate the vision of these seven individuals and organisations, who in the Nigerian spirit, broke new ground in starting the Exchange, and we are proud of our sterling history over these six decades.<br \/>\n\u201cFrom our humble beginnings when only 19 securities were listed for trading, we are now demutualised and we trade over 300 securities worth about 35 Trillion Naira,\u201d Ogunbanjo said.<br \/>\nThe Group Managing Director\/Chief Executive Officer, NGX Group, Mr Oscar Onyema, appreciated the contributions of the capital market ecosystem.<br \/>\nOnyema said: \u201cWe must thank our invaluable stakeholders who have contributed to six decades of growth and partnership.<br \/>\n\u201cTo the trading license holders, issuers, regulators, government and its agencies, media, and other stakeholders.<br \/>\n\u201cWe recognise your support and reiterate our commitment to building a market infrastructure group that supports your business objectives across the entire value chain for many years to come.<br \/>\n\u201cIn consonance with the innovative spirit of our founding fathers which has continued to drive our operations, demutualisation has allowed us to transition into a profit-driven, shareholder-held, and globally competitive organisation.<br \/>\n\u201cBuilding on six decades of growth and partnership, NGX Group of companies is now positioned to be a key player in strengthening our competitiveness on a larger scale,\u201d he added.<br \/>\nAccording to Onyema, the recently launched campaign \u201cThe Stock Africa Is Made Of\u201d further encapsulates the group\u2019s commitment to fulfil the dreams of the founding fathers not only in Nigeria, but also in Africa.<br \/>\nRecall that NGX Group recently refreshed its brand identity in an official launch event headlined by the President of the Federal Republic of Nigeria, His Excellency Muhammad Buhari (GCFR).<br \/>\nNGX Group\u2019s new structure boasts three wholly-owned subsidiaries: Nigerian Exchange (NGX) Limited, the operating exchange with Mr Temi Popoola as CEO; NGX Regulation (NGX RegCo) Limited, the independent regulation company with Ms Tinuade Awe as CEO; and NGX Real Estate (NGX RelCo) Limited, with Mr Gabriel Igbeka as acting CEO.<br \/>\nThe Group officially commenced operations on 25 Aug. 1961, as the Lagos Stock Exchange, after it was founded on 15 September 1960. (NAN)<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-32846\" data-postid=\"32846\" class=\"themify_builder_content themify_builder_content-32846 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Exchange Group (NGX Group) Plc on Tuesday celebrated 60 years of enabling Africa\u2019s largest economy as a leading integrated market infrastructure group in Africa. The NGX Group Chairman, Otunba Abimbola Ogunbanjo, said in a statement in Lagos said that commemorating the Diamond jubilee milestone, paid tributes to the original subscribers of the articles [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[210],"class_list":["post-32846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-industry","tag-stock-market","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock exchange celebrates 60 Years of enabling Nigerian economy - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/stock-exchange-celebrates-60-years-of-enabling-nigerian-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock exchange celebrates 60 Years of enabling Nigerian economy - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Exchange Group (NGX Group) Plc on Tuesday celebrated 60 years of enabling Africa\u2019s largest economy as a leading integrated market infrastructure group in Africa. 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