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2017/2018 NSE FACT BOOK 2017/2018 NSE FACT BOOK
The Performance Documentary of Listed Nigerian Companies The Performance Documentary of Listed Nigerian Companies

FOREWORD

It gives me great pleasure to present to you, the 2017/2018 edi on of
The Nigerian Stock Exchange Factbook. I am also delighted to inform Our
our readers that the content and quality of informa on in the pages of

this year's edi on con nues to reflect the Exchange's commitment to Mission
providing an invaluable resource of informa on for investors,
researchers, market operators, fund managers, analysts, execu ves

and all members of the public with an interest in the Nigerian capital To provide investors and
market. businesses a reliable,
efficient and an adaptable

exchange hub, to save and
With the Nigeria economy exit from recession in Q2 2017 While the Exchange is aware of its role in ensuring full
driven by improvement in global oil prices, domes c disclosure of corporate informa on by issuers to create an to access capital.
output and stronger foreign reserves, improvement in ease enabling environment for informed and cri cal investment
of doing business and FX stability following favourable CBN decisions by investors and other stakeholders, we are also
policies; the market reacted posi vely leading to a gradual mindful that changes might occur in the course of the year.
recovery that led to its ranking by CNN as the third best
performing market of 2017 globally. To this end, all recent changes on all issuers and
stakeholders profiles are updated in this edi on to reflect
On our part, The Nigerian Stock Exchange effec vely the current status in both print and electronic copies for
engaged with Government at various levels to advocate for consistency and reliability whilst promo ng transparency
market friendly policies and ini a ves to drive in our market.
sustainability in economic recovery. Also, the Exchange was
able to maintain steady progress in its 2017 strategy This edi on of the Factbook serves readers with an update Our
despite the challenging opera ng environment. Some of of The Nigeria Stock Exchange's:
the key successes include:
* Trading sta s cs. Vision
* Achieved broad-based support required to secure approval for
demutualiza on, which is cri cal to Nigeria's socio-economic * Performance metrics for various indices and quoted companies.
development,
* Interna onal codes for all listed securi es and lis ng requirements.
* Amplified efforts to establish West Africa's first exchange traded To be Africa's preferred
deriva ves (ETD) market by comple on of dra rules; development of * Insight into the ac vi es of Central Securi es Clearing System (CSCS)
product specifica ons and market wide training on deriva ves and Plc. exchange hub.
Clearing counterparty (CCP) Transac ons.
* Profiles of dealing members, contact informa on of Registrars and
* Launched the NSE's educa onal ins tute, the X-Academy Custodians.
* Implemented the first Market data conference in Nigeria. Also, rolled * A series of frequently asked ques ons (FAQs) pertaining to the capital
out Corporate Governance Ra ng System (CGRS) to all listed market.
companies.
I therefore recommend this publica on to stakeholders in
* Launched SMARTs solu on for an efficient and effec ve market the Nigerian Capital Market, while thanking everyone who
surveillance, contributed to the successful publica on of the 2017/2018
edi on of the Factbook.
* Launched the Compliance Status Indicator (CSI) symbols for near real-
me tracking of compliance statuses of listed companies. Mr. Abimbola Ogunbanjo
2017/2018 NSE FACTBOOK Disclosure Guidelines President, Na onal Council 2017/2018 NSE FACTBOOK
*
Concluded dra ing of the Nigerian Capital Market Sustainability
The Nigerian Stock Exchange

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