Nigerian Exchange Limited

Nigerian Exchange Limited has suspended trading in Zichis Agro-Allied Industries Plc shares due to extraordinary price movements, aiming to maintain market integrity and protect investors. This action aligns with its regulatory mandate and Rule 7.0 of its Rulebook.

The Nigerian Exchange Limited's All-Share Index crossing the 200,000-point mark signifies strong investor confidence and market modernization, reinforcing its role in wealth creation and economic growth. This milestone reflects sustained demand and active participation across key sectors.

The listing of Dangote refinery on the Nigerian Exchange Limited (NGX) is expected to deepen Nigeria's domestic capital market, boost liquidity, and increase market capitalization. Discussions are ongoing with the Nigeria===Securities and Exchange Commission (Nigeria) (SEC) and NGX regarding the IPO structure.

The Nigerian Exchange Limited is where Dangote Group plans to list shares of the Dangote Group===Dangote Petroleum Refinery and Petrochemicals. This move is expected to broaden local participation and deepen domestic capital ownership in the asset, increasing activity on the exchange.

Nigerian Exchange Limited was notified of the capital injection and the company's transition, indicating the regulatory and public transparency of the event. This reflects the formal process of a publicly traded company's transformation.