The NGX Regulation Limited (NGX RegCo) has recovered more than N500 million for investors, reinforcing its commitment to investor protection and transparency in Nigeria’s capital market. The regulatory arm of Nigerian Exchange Group Plc said the funds were retrieved following the resolution of multiple investor complaints involving market operators.
In one of the most notable cases, the regulator facilitated the restitution of N326.85 million to a single investor after an unauthorised share transaction was reported in 2025. The case was resolved within a defined timeframe, highlighting what the agency described as a structured and disciplined approach to dispute resolution.
According to NGX RegCo, the recoveries are part of a broader effort to address lingering issues in the market, including unauthorised trades, disputes over transaction proceeds, and account discrepancies. The organisation noted that these interventions are aimed at ensuring accountability while delivering fair outcomes that restore investor trust.
The regulator also pointed to improvements in market oversight as a key factor behind the successful resolutions. These include stronger surveillance systems, enhanced post-trade controls, and ongoing settlement reforms. In particular, the introduction of direct cash settlement mechanisms has reduced the risk of unauthorised transactions, helping to strengthen the overall market structure.
Speaking on the development, NGX RegCo Chief Executive Officer, Olufemi Shobanjo, said the recoveries reflect a deliberate strategy to boost investor confidence. He added that beyond returning funds, the regulator’s actions demonstrate a commitment to maintaining a fair, transparent, and resilient capital market that supports long-term growth in Nigeria.
source: leadership