Nigerian Stock Exchange revises fee structure

05 Oct Nigerian Stock Exchange revises fee structure

The Nigerian Stock Exchange (NSE), at the weekend, announced that it has received the approval of the Securities & Exchange Commission (SEC) to charge a trading fee of 0.005 per cent or N5 per million with effect from today.
The Exchange in a statement noted that the revised trading fee was in line with its ambition to support Nigeria’s economic growth by providing a liquid, efficient, and multi-asset securities exchange hub.
“Following the end of the 4-year Fixed Income Securities Trading Fee moratorium, the exchange has now received the regulatory approval of the SEC to revise its fee structure. The revised fees will become effective on 5 October 2020. Under this revised fee structure, The Exchange will charge 0.0005 per cent (N5 per million) on debt instruments traded on its platform.”