Rebranded NGX indices and change of NSE prefixes

Change from NSE to NGX

Nigerian Exchange Limited, NGX has announced the rebranding of all its existing indices with the change of prefixes from NSE to NGX.

The transition, which is effective Monday, 28 June 2021, leverages the new brand identity of the Exchange.

The rebranding of the indices is in line with NGX’s drive to standardise and ensure consistent expression of the brand across touchpoints.

There are currently nineteen (19) indices – either wholly-owned or co-branded – on NGX.

S/NExisting NameNew Name
1NSE All-Share Index (ASI)NGX All-Share Index (ASI)
2NSE-Main Board IndexNGX-Main Board Index
3NSE 30 IndexNGX 30 Index
4NSE CG IndexNGX CG Index
5NSE Premium IndexNGX Premium Index
6NSE Banking IndexNGX Banking Index
7NSE Pension IndexNGX Pension Index
8NSE Insurance IndexNGX Insurance Index
9NSE ASeM IndexNGX ASeM Index
10NSE-AFR Bank Value IndexNGX-AFR Bank Value Index
11NSE AFR Div Yield IndexNGX AFR Div Yield Index
12NSE MERI Growth IndexNGX MERI Growth Index
13NSE MERI Value IndexNGX MERI Value Index
14NSE Consumer Goods IndexNGX Consumer Goods Index
15NSE Oil/Gas IndexNGX Oil/Gas Index
16NSE Lotus Islamic IndexNGX Lotus Islamic Index
17NSE Industrial Goods IndexNGX Industrial Goods Index
18NSE Growth IndexNGX Growth Index
19NSE Sovereign Bond IndexNGX Sovereign Bond Index

The recent demutualisation led to the transformation of The Nigerian Stock Exchange to a non-operating holding company, Nigerian Exchange Group Plc.

Consequently, The Group now has three wholly-owned operating subsidiaries, namely: Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation Limited (NGX RegCo), the independent regulation company; and NGX Real Estate Limited (NGX RelCo), the real estate company.

Henceforth, the change of the prefixes from NSE to NGX is to promote brand awareness and recognition of the group.

This exercise does not affect the computation methodology of the indices.

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Christina Ngene

Content creator focusing on finance and business with five years of experience and a foundation in forex analysis.

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