The Nigerian Exchange (NGX) began trading on June 5, 1961, just seven months after Nigeria gained independence on October 1, 1960.
Although the market was incorporated in September 1960, formal trading did not begin until the enactment of the Lagos Stock Exchange Act No. 14 of 1961. At inception,
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
