NGX Group To Reconstitute Board

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The board of the Nigerian Exchange (NGX) is to be reconstituted to reflect new shareholding structures, Nairametrics understands.

This was disclosed to newsmen by a source with knowledge of the matter.

According to information shared, the board of the Nigerian Exchange Group, owners of the Nigerian Exchange now includes UBA nominees ltd and Cardinal Stone Partners ltd as shareholders with substantial interest.

We understand the board of the exchange will now be reconstituted to reflect the shareholdings.

Source: Nairametrics