The Nigerian Exchange is the principal stock exchange in Nigeria, facilitating the trading of securities and providing a platform for retail and institutional investors.
Legend Internet’s ₦10bn paper draws 119.7% subscription as Investors back broadband push
Legend Internet Plc closed its ₦10 billion commercial paper at 119.7% subscription, exceeding the offer size. The issuance is part of a ₦10 billion multi-layered financing programme aimed at scaling broadband across Nigeria.
Three Years, Zero Listings: Nigerian Tech Board Fails to Attract Single Startup
More than two-thirds of Nigerian tech startups avoid listing on the Nigerian Exchange due to currency issues. The naira has lost over 65% of its value since President Bola Tinubu's administration began in 2023.
Seven apps Nigerians are using to invest in local stocks in 2025
The naira has depreciated over 70% since mid-2023, prompting more Nigerians to invest. Headline inflation in Nigeria slowed to 22.22% in June, but food prices continue to rise.
What is Legend Internet, Nigeria’s newest broadband player on the NGX?
Legend Internet became the first Nigerian broadband provider to list on the Nigerian Exchange on April 24, 2025. The company floated two billion ordinary shares at ₦5.64 each to raise funds for expansion.
