Trading floor

NGX Regulation Limited (NGX RegCo), the independent regulatory arm of Nigerian
Exchange Group, has published its supervision priorities for 2021 on Wednesday, 14 April 2021.
To ensure a fair and orderly market, the supervision priorities provide guidance to Trading License Holders
(TLHs) of the Exchange, the investing public, and other stakeholders and are underpinned by business
practices considered to be of market wide interest. The 2021 Supervision Priorities can be accessed here.
According to the Chief Executive Officer, NGX RegCo, Ms. Tinuade Awe, “The priority document provides
an insight into the performance of TLHs with regards to previous areas of regulatory concerns and
observed emerging trends. Some of these include the increased dependence of TLHs on virtual
communication and trading channels occasioned by the COVID-19 pandemic, as well as new market
trends as it relates to new laws, regulation, and rules. Our supervisory programs have, therefore, been re-
evaluated to introduce various initiatives designed to deal with the present challenges, including issuing
statements, developing dialogue platforms for regulatory updates and providing assistance through
regulatory arrangements that seek to cushion the financial and operational effects of regulatory activity on
the businesses of our stakeholders as appropriate”.
This year, NGX RegCo will focus primarily on nineteen (19) areas of regulatory concerns organised into
four (4) broad categories:
 Technology
 Market Integrity
 Operations
 Emerging Trends