Nigerian Exchange
Definition
What is Nigerian Exchange?
Nigeria's principalThe original amount of money invested or lent, excluding later returns. securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Example in practice
How This Looks in Practice
An investorA person or organisation that commits capital with the expectation of a financial return. buys listed bank shares through a broker connected to the Nigerian Exchange.
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Related Terms
NGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Nigeria InvestingSecurities and Exchange Commission Nigeria
Nigeria's federal capital-market regulator.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.