Company Profile
Just Investments Ventures Ltd (JIVLtd®)
Just Investments Ventures is a company incorporated in the UK limited by shares. We are committed to leading our clients through the path of prosperity; guide them towards beneficial investment through one of our world class services such as providing knowledgeable information on Nigerian Stock Exchange.
Nigerian Stock Exchange
Nigerian Stock Exchange was established in 1960 as The Lagos Stock Exchange and became Nigerian Stock Exchange in December 1977. With the positive trend and growth demonstrated by The Nigerian Stock Exchange since inception, eight branches have been established in the major commercial cities of Nigeria with Lagos Stock Exchange as the pioneer in 1961, Kaduna 1978, Port Harcourt 1980, Kano 1989, Onitsha February 1990, Ibadan August 1990, Abuja October 1999 and Yola in April 2002. Each branch has a trading floor.
The Nigerian Stock Exchange has over 261 securities listed for trading as against 19 it started with in 1961. Securities listed cut across the various sectors of the economy viz; 11 Government Stocks, 49 Industrial Loan (Debenture/Preference) Stocks and 194 Equity / Ordinary Shares of Companies, all with a total market capitalization of approximately N287.0 billion, as at August 31, 1999.
Transactions on The Exchange are regulated by The Nigerian Stock Exchange, as a self-regulatory organisation (SRO).
The financial giants of our time are on top of the Stock Brokerage Industries in Nigeria engineering it towards a positive course with a network of Stockbrokerage firms, Issuing Houses, practicing corporate law firms and the entire team of Auditors and Accountants.
DEREGULATION OF THE NIGERIAN CAPITAL MARKETIn 1993, the capital market was deregulated and in 1995, it was internationalized with abrogation of laws which restricted foreigners from owning equities and participating in the Nigerian capital market.
Consequent upon the abrogation of the Exchange Control Act 1962 and the Nigerian Enterprise Promotion Decree 1989,
foreigners can now participate in the Nigerian capital market both as operators and investors. Also, there are no limits any more to the percentage of foreign holding in any company registered in the Nigeria.Sequel to this development and as a player in the global capital market, The Exchange has linked up with Reuters Electronic Contributor System for online global dissemination of stock market information - trading statistics, All-Share Index, company investment ratios, and company news (financial statements and corporate actions). The emerging Nigerian economy has carved a niche for itself among the global markets. Deregulation has improved the competitiveness of the market, in addition to making it more investor-friendly.
The Nigerian Stock Exchange does not exist in isolation; the business of the Exchange is regulated by Securities and Exchange Commission, and has its clearing house as Central Securities Clearing System (CSCS).
Securities and Exchange Commission (SEC)This is a subsidiary of The Nigerian Stock Exchange (NSE). It ensures that the clearing, Settlement and Delivery of transactions on The Exchange are done accurately and timely. This is done electronically. The CSCS Limited (“the Clearing House”) was incorporated in 1992 as part of the effort to make the Nigerian stock market more efficient and investor-friendly. For more information on http://www.cscsnigeria.com
The NSE came under the leadership of The Director General, Dr Mrs Ndi Okereke Onyiuke (OON) in February 1983. She is proudly flying the NSE flag globally flexing its muscles among the global capital markets.
The Nigerian Stock Exchange has come of age, its continuous growth and world class services are echoed by the code subscribed to by the market operators “Our word is our bond”. This trend and its consistent growth has earned public trust with about three million individual investors and hundreds of institutional investors (including foreigners who own about 47% of the quoted companies) using the facilities of The Exchange. The Stock Exchange’s 39-year history is devoid of any fraud, shocks, scandals or insider dealings.
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