NGX Announces Major Expansion of Daily Trading Hours

By Babatunji Wusu

The Nigerian Exchange Limited (NGX) has officially announced a significant change to its market operations. Starting from April 27, 2026, the exchange will expand its daily trading window to run from 9:00 a.m. to 4:00 p.m. This new schedule, which received approval from the Securities and Exchange Commission (SEC), marks a bold step in evolving the nation’s financial market structure.

Previously, the market opened at 9:30 a.m. and closed at 2:30 p.m. By shifting the opening earlier and extending the closing time, the NGX aims to offer investors more flexibility. This extended trading window allows the market to respond more effectively to news and information that moves prices. Officials believe this move will encourage more people, both locally and internationally, to participate in the Nigerian stock market.

The reform follows the recent news that FTSE Russell has reclassified Nigeria as a Frontier Market. This global recognition has boosted the country’s financial reputation. The NGX stated that the longer trading window will deepen liquidity and improve access for a broader pool of investors. It also highlights a strong partnership between the exchange and regulators to create a more competitive and transparent environment.

Extensive talks with stakeholders took place to ensure that everyone is ready for the change on the go-live date. NGX Regulation Limited will oversee the transition to maintain high standards of investor protection. With these improvements, the exchange reinforces its status as a leading hub for capital formation in Africa. By making the market more accessible, Nigeria continues to position itself as a key destination for global finance.

Do you believe that extending trading hours will successfully attract more young retail investors to the Nigerian stock market?