
NGX issues 3792 sanctions against errant investors
The Nigerian Exchange regulator, NGX has issued 37 regulatory actions against NGX, about 16 years after NGX was regulated. This is according to a recent report by BrokerTraX, a compliance body for broker license holders. The report showed that from 2011 to 2023, 3,792 violations were documented, including 193 rule violations by securities companies. The…