Business

#Covid19Out: Nigerian Stock Exchange Suspends Trading Activities

The Nigerian Stock Exchange (NSE) says trading activities will be suspended due to the recent confirmed cases of COVID-19 in the country.

In a statement on Monday, the NSE noted that with effect from Wednesday, March 25, 2020, all its trading floors will be temporarily closed, while remote trading will continue.

It adds that NSE staff will begin a 30-day remote working plan and will be available across all digital platforms to provide support.

The statement says dealing members should continue to trade remotely through its electronic platforms such as Fix protocol and Xnet and reach out to their compliance officers if any support is required.

The NSE also stated that all physical meetings within and outside its office premises have been suspended until further notice.

Zaccheus Ukhueleigbe

Zackius Adeleke is a content provider, journalist, digital media strategist, inspired by the opportunity to learn new things.

Share
Published by
Zaccheus Ukhueleigbe

Recent Posts

Epe Club sets to mark Golden Jubilee anniversary

In anticipation of its 50th anniversary, Epe Club, a distinguished institution in the Epe Division,…

39 seconds ago

Nigeria Army Promotes 108 Generals

The Nigerian Army Council has recently approved the promotion of 108 senior officers to the…

13 minutes ago

Elon Musk Sparks Controversy With Support For Germany’s Far-Right AfD Party

Elon Musk is extending his influence beyond American politics, publicly backing Germany's far-right political party,…

27 minutes ago