The Nigerian Stock Exchange was not founded by just one person. It was established in 1960 as the Lagos Stock Exchange by seven original subscribers, including Chief Akintola Williams, Theophilus Doherty, Odumegwu Ojukwu, Shehu Bukar, C.T. Bowring, John Holt Nigeria Ltd., and Investment Company of NRead more
The Nigerian Stock Exchange was not founded by just one person. It was established in 1960 as the Lagos Stock Exchange by seven original subscribers, including Chief Akintola Williams, Theophilus Doherty, Odumegwu Ojukwu, Shehu Bukar, C.T. Bowring, John Holt Nigeria Ltd., and Investment Company of Nigeria Ltd. (ICON).
However, Chief Akintola Williams is particularly recognised as one of the founding fathers of the Nigerian Stock Exchange because of his major role in establishing the market.
The exchange was later renamed the Nigerian Stock Exchange in 1977. In 2021, it was demutualised and reorganised, leading to the creation of Nigerian Exchange Group Plc (NGX Group), while Nigerian Exchange Limited became the operating exchange.
Who Founded the Nigerian Stock Exchange That Later Became NGX Group?
The Nigerian Stock Exchange was not founded by just one person. It was established in 1960 as the Lagos Stock Exchange by seven original subscribers, including Chief Akintola Williams, Theophilus Doherty, Odumegwu Ojukwu, Shehu Bukar, C.T. Bowring, John Holt Nigeria Ltd., and Investment Company of NRead more
The Nigerian Stock Exchange was not founded by just one person. It was established in 1960 as the Lagos Stock Exchange by seven original subscribers, including Chief Akintola Williams, Theophilus Doherty, Odumegwu Ojukwu, Shehu Bukar, C.T. Bowring, John Holt Nigeria Ltd., and Investment Company of Nigeria Ltd. (ICON).
However, Chief Akintola Williams is particularly recognised as one of the founding fathers of the Nigerian Stock Exchange because of his major role in establishing the market.
The exchange was later renamed the Nigerian Stock Exchange in 1977. In 2021, it was demutualised and reorganised, leading to the creation of Nigerian Exchange Group Plc (NGX Group), while Nigerian Exchange Limited became the operating exchange.
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