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Nigeria: NGX Assures Continued Trading Amid Planned Nationwide Protest

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NGX Assures Continued Trading Amid Planned Nationwide Protest
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Jude Chiemeka, Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), has addressed concerns regarding potential trading disruptions due to the planned nationwide protest set to begin today.

In a statement at the NGX headquarters before the “Facts Behind the Offer” presentation by FCMB Group, Chiemeka reassured stakeholders that the NGX is well-prepared to handle trading operations uninterrupted.

“We understand the concerns about the upcoming protest, but our substantial investments in technological advancements ensure that trading will proceed smoothly,” Chiemeka stated. “Our technology infrastructure, which supported seamless operations even during the COVID-19 pandemic, is fully capable of handling any disruptions that may arise.”

He emphasized that NGX’s technological innovations enable stockbrokers and market intermediaries to conduct trades from their homes, ensuring that trading activities will continue without interruption regardless of external events.

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