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NGX Extends Trading Hours to Enhance Market Liquidity

NGX Extends Trading Hours to Enhance Market Liquidity

The Nigerian Exchange (NGX) announced an extension of its trading hours to 4 p.m., effective Monday, April 27, 2026. The trading hours will shift from an opening time of 9:30 a.m. to 9:00 a.m. and a closing time from 2:30 p.m. to 4:00 p.m.

This decision, communicated by Clifford Akpolo, Head of Group Communications and Partnership at NGX, aims to deepen market liquidity, enhance price discovery, and broaden investor access. The extension has received approval from the Securities and Exchange Commission (SEC) and is part of a significant evolution in the exchange's market structure.

The move is expected to provide greater flexibility for investors and improve responsiveness to market movements, thereby supporting broader participation. This initiative aligns with Nigeria's recent reclassification as a frontier market by FTSE Russell, reinforcing NGX's global position and attracting a wider pool of domestic and international investors.

The implementation will follow extensive stakeholder engagement to ensure operational readiness ahead of the go-live date.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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