Nigerian Stock Exchange


Nigeria Flag Nigerian Stock Exchange

MIC / Acronym Location Market Cap Status Opening Bell Closing Bell
xnsa /
$38060.95 Trillion 10:00 AM 2:20 PM

Nigerian Stock Exchange 2019

Nigerian Stock Exchange Table of Contents

Nigerian Stock Exchange by the Numbers

The Nigerian Stock Exchange (NSE) is based in Lagos, Nigeria. Below is a break down of key Nigerian Stock Exchange figures.

The MIC code for the Nigerian Stock Exchange is xnsa (operating MIC xnsa).

Market Capitalization

Ranked 51st in Market Capitalization ($38060.95 Trillion)

Market Cap over Nigeria GDP ratio is 7581861.84%

Nigeria Statistics

Ranked 25th in Gross Domestic Product ($502 Billion)

Ranked 8th in Population (154 Million People)

Nigerian Stock Exchange is the 51st largest exchange out of the 144 stock exchanges we track. The Nigerian Stock Exchange's Market Capitalization is $38060.95 Trillion adjusted US Dollars as of March 2019. Although the primary currency used by the Nigerian Stock Exchange is the Nigeria Naira (₦).

The population in Nigeria is approximately 154 Million people and the country has a GDP of $502 Billion adjusted US Dollars. Nigeria ranks 8th in terms of population and 25th in terms of GDP out of 240 countries and country equivalents.

Market Capitalization to GDP ratio, which when compared to the historic ratio is an indicator that a market is over or under valued, is 7581861.84%.

† Market Capitalization and Gross Domestic Product are both converted into U.S. Dollars. Data shown here is from March 2019 and is updated yearly.

When is the Nigerian Stock Exchange Open?

Upcoming Holidays

National Day October 1, 2019
Christmas Day December 25, 2019
Boxing Day December 26, 2019
New Year's Day January 1, 2020
Good Friday April 10, 2020
Easter Monday April 13, 2020
Worker's Day May 1, 2020
National Day October 1, 2020

Trading Schedule

Pre Trading Hours : 09:30-10:00
Post Trading Hours : 14:20-14:30

Real-Time Market Stock Clock >

Does the Nigerian Stock Exchange close for lunch?

The Nigerian Stock Exchange does not close for lunch. The exchange opens at 10:00 AM and stays open all day until the closing bell at 2:20 PM.

Nigerian Stock Exchange Timezone

The Nigerian Stock Exchange uses the Africa/Lagos timezone for all listed times. This timezone is currently +01:00. Africa/Lagos does not observe Daylight Saving Time (DST).

About the Nigerian Stock Exchange

Nigerian Stock Exchange Currency

The Nigerian Stock Exchange trades shares in Nigeria Naira. The official ISO 4217 currency code for Nigeria Naira is NGN. The official currency symbol is "₦". Note that all dollar values listed on this site, such as market cap, are in U.S. Dollars.

Economy and Geography

The Nigerian Stock Exchange (NSE) is located in Africa and its headquarters is located in Lagos, Nigeria. Companies listed on the Nigerian Stock Exchange are primarily Nigeria based companies and trade in Nigeria Naira. Companies outside of Nigeria would be listed in a different exchange. See the full list of exchanges.

Contact the Nigerian Stock Exchange

In most cases, you will want contact your broker instead of contacting the Nigerian Stock Exchange directly. Most general information about the Nigerian Stock Exchange can be found on the web at

To contact the Nigerian Stock Exchange, you can use the information below:

  • Phone Number: +234 700 225 5673
  • Email Address:

What's Next?

Check out the Nigerian Stock Exchange Bell Countdown see when the stock market opens next. All holiday closures are taken into account by our Opening/Closing Bell Countdown. You can even turn on/off an opening and closing bell notification sound.

Learn More: Our Reading List

If you would like to learn more about how the Nigerian Stock Exchange works and learn about investing in general we highly recommend the books listed below. These books are an excellent resource for anyone from first-time day-traders to seasoned investors.

The Intelligent Investor by Benjamin Graham

Graham's philosophy of "value investing" has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

The best book on investing ever written. — Warren Buffet

Buy on Amazon

A Random Walk Down Wall Street

In A Random Walk Down Wall Street you’ll learn the basic terminology of "the Street" and how to navigate it with the help of a user-friendly, long-range investment strategy that really works.

Buy on Amazon

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