NASD announces admission of newly demutualized NGX shares

By Kayode Tokede

NASD Plc has announced the successful admission of the securities of the Nigerian Exchange Group Plc (NGX) for trading on its platform.

This is according to a verified Tweet by NASD Plc.

The admission is a sequel to the successful demutualization of the defunct Nigerian Stock Exchange (NSE) which gave birth to a new group- The Nigerian Exchange Group Plc (NGX) and three other subsidiaries.

Consequently, NGX shares will be available to be traded by participating institutions or authorized traders registered on the NASD platform from the 13th of April, 2021.