Nigerian Exchange Regulation Sanctions 5 Firms N291m For Market Manipulation

Leadership | 31-03-2026 11:36am |

The Nigerian Exchange Regulation Limited has sanctioned five trading license holders for alleged market manipulation and other prohibited trading activities, imposing fines totaling N291million. In a notification dated March 27, 2026, and addressed to the director-general of the Securities and Exchange Commission, Emomotimi Agama, the regulator said the decision followed deliberations of its Regulatory and

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