Portfolio
NG Clearing Limited
Project status: Ongoing progress
- NG Clearing Limited
- Ongoing progress
- NG Clearing Limited
Project Details
Sector
Services
Services
Commencement Date
24 May 2016
24 May 2016
Participants
NSIA
NEG Plc,
CSC System
NSIA
NEG Plc,
CSC System
State
Lagos
Lagos
NG Clearing is positioned to serve as a market-wide clearing infrastructure positioned to clear derivatives and commodities securities executed on all trade venues in the Nigerian capital market.
NG Clearing will strengthen the country’s investment environment through solutions that systematically reduce risks, enhance operating efficiency, and minimize costs for all market participants, thereby, serving as a catalyst to national development.
PARTNERS
How the fund is invested
N/A
Project Cost / Size:
N1,059,500,000 (16.5%)
NSIA’s interest:
Equity
Funding structure
15
Investment areas